Seller's Contact Information
- RE: Enthralling #1 Neighborhood Café
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $1,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $65,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | Not Disclosed | |
BBN Listing #: | 912033937 | |
Broker Reference #: | E ROCK |
Business Overview:
This well-known popular cafe is a neighborhood favorite serving breakfast, lunch, dinner, catering, and a mean cup of coffee, with upside potential. This is the go-to place for stone oven pizza, stuffed breads, and delicious pasta salads. This local gem is located in a neighborhood densely populated area with apartments, multifamily households and student housing with year round grad students. A one of a kind opportunity just outside down-town next to major university and after 10 lucrative years has hit the market for an incredible price this is a must see.
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Property Features and Assets:
1,400 booming square feet, meager $2,800 gross rent (includes CAM property tax & insurance), 40 lucrative seats, 40 popular in demand patio seats, open 7 money making days, quintessential location, stone oven pizza , two delivery vans, full productive basement with prep kitchen & storage, upside potential, multi facet desirable neighborhood.
Market Competition and Expansion:
Competition: Enviable neighborhood that has it all Growth & Expansion: Promoting pizza and BYOB or obtain a beer and wine would dramatically increase traffic.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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