Fully Equipped Café Give Away Price

Seattle, WA
King County

high traffic Seattle location, near college


Asking Price: Annual Revenue:
$39,000 $132,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Fully Equipped Café Give Away Price Broker: Becky SMITH

Quick Facts

Asking Price: $39,000
Annual Revenue: $132,000
Net Profit: $1
Cash Flow: $1
Total Debt: $1
FF&E: Not Disclosed
Real Estate: $1
Year Established: 2007
Employees: 2
BBN Listing #: 373651531
Broker Reference #: ds/miofbrocf

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Business Overview:

Cafe business in a great high traffic Seattle location at a GIVE AWAY asking price of only $39,000... The monthly lease here is also quite low (less than $2,000) a month. You will pay off your monthly lease within the first days of every month. Did I mention this café has a type 1 hood too, cause it does? Do I have your attention? This one will go fast.

Other particulars you should know the size here is 760 square feet, seating capacity is 12. The menu is espresso, lite café type goodies and because of the type 1 hood, Asian fusion cuisine is offered along with burgers and a breakfast menu even.

This all works really well with the college crowd which is literally just a block away. Lots of foot traffic customers and nonstop cars driving by your front door well into the evening. There are lots of businesses and people to cater to that are just walking distance to this café too.

There is street parking and even a parking garage next door but with this highly people congested location the walk-in market here can be overwhelming in and of itself.

The current owner has been here since the middle of 2007, she has built up a very good name and a loyal customer base. And as the college enrollment changes year to year than in comes a new inpouring (many much more new customers) of hungry young men and women that want/need what you are offering.

Another way to expand the sales is to offer bubble tea and healthy smoothies as these are proven winners with a college crowd. Currently, this café business is closed on Saturdays and Sundays so there are sales that are being missed out on.

This is operated by the owner and 2 part-time employees. Currently does offer 3rd party delivery. This is not a franchise so no extra fees or restrictions to pay or adhere to.

Also, with this fully equipped kitchen, the new owners can modify or change the food concept to fit their food specialty. Before Covid, this little 12 seat café was averaging about $1,200 a day in sales. Now that the college is reopened the sales here are growing back.

Other information for you should consider about this café business the current lease expires Feb 2022 but there is an option to renew for another 2 years. After this, the future here is questionable, there are no plans to do anything at this time (so I’m told, but you should verify to your own satisfaction) but the landlord is talking.

Keep in mind in the business broker world many/most of the time landlords talk and talk and many years later they are still talking the same subject and nothing has changed. And one final note on this subject many small businesses in Seattle high traffic areas are on month-to-month type leases.

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Property Features and Assets:

The monthly lease is only $1,800 per month. The current lease expires in Feb 2022 but there is an option to renew for another 2 years. After this, the future here is questionable, there are no plans to do anything at this time (so I’m told, but you should verify to your own satisfaction) but the landlord is talking. Keep in mind in the business broker world many if not most of the time landlords talk and talk and many years later they are still talking the same subject and nothing has changed. Plus many small businesses in Seattle in high traffic areas are on month-to-month type leases. Type 1 hood in place seating capacity is 12 and square footage is 760 square feet. All equipment is owned and included in the sale. Parking garage next door.

Market Competition and Expansion:

Currently, this café business is closed on Saturdays and Sundays so there are sales that are being missed out on. Another way to expand the sales is to offer bubble tea and healthy smoothies as these are proven winners with this large college crowd base of customers. This is Seattle so there are other places to eat and drink but this café is literally just a short walk away (maybe a block or less) so it’s very convenient for the college crowd so with that in mind the customer base here should stay strong.

Reason for Selling:

Owner wants to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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