Business For Sale

BEVERLY-IPSWICH -Coffee & More: Popular Cafe

Beverly, MA
Essex County

North Shore


Asking Price: Annual Revenue:
$230,000 $416,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: BEVERLY-IPSWICH -Coffee & More: Popular Cafe Broker: MARIE FEUDO
Owner Financing is Available!

Quick Facts

Asking Price: $230,000
Annual Revenue: $416,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 397719596
Broker Reference #: MF-CR

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Business Overview:

BEAUTIFUL BUILD OUT
Café/Sandwich Shop with Strong Sales and Great Reputation.
Located in Busy Downtown North Shore Area.

TYPE OF BUSINESS:
Upscale Café/Panini/Breakfast/Lunch/Pastries/Gelato

LOCATION: Busy Downtown Area,parking lot in back,street parking

SELLING PRICE: $230,000 with some owner financing

SALES VOLUME: $8,000/week

LEASE: $1,650/month. Low Rent! (only 4 1/2% RENT RATIO)
(includes NNN charges). 1.5 years + 5 year option or more

NO. OF SEATS: (Inside) 32 seats
SQUARE FOOTAGE: 1,500 square feet
Handicapped Bathroom.

BONUS: Fully Utilized, Clean Basement which could easily be utilized for catering, includes office

HOURS OF OPERATION: Monday – Sunday 7 am – 6 pm (Has 12a.m. License) Extends hours during spring and summer-Gelato

COMMENTS: LOOKING FOR SHORTER HOURS AND EASIER WORK?
Trendy, beautiful and impeccably spotless Café known for their specialty coffee. Since opening almost 4 years ago sales have been consistently trending upwards. Strong local following.

Contact Chuck Rollins or Marie Feudo.

Subject to errors, omissions, prior sale or withdrawal from the market…all without notice.

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Reason for Selling:

Joining Husband's business.

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.

Documents:

Relevant Links:

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