Family-Friendly Fast-Casual Cafe

Not Disclosed, VA

Asking Price: Annual Revenue:
$299,000 $718,962

Food & Beverage: Coffee, Cafe, Dessert

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RE: Family-Friendly Fast-Casual Cafe Broker: Michael Metzger

Quick Facts

Asking Price: $299,000
Annual Revenue: $718,962
Net Profit: Not Disclosed
Cash Flow: $130,949
Total Debt: Not Disclosed
FF&E: $62,378
Real Estate: Not Disclosed
Year Established: 2007
Employees: 23
BBN Listing #: 82054955
Broker Reference #: 2006-15628

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Business Overview:

This very busy coffee and sandwich shop is just steps from a major attraction that draws visitors to this small town from across the region. It's laid-back, southern charm welcomes locals and visitors alike and live music on weekends attracts the local college students. In addition to gourmet coffee, the restaurant offers a full selection of breakfast sandwiches, lunch and dinner sandwiches, soups, salads, wraps and ice cream.

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Property Features and Assets:

Attractive 2,500 Square Feet brick-front restaurant right on the main downtown thoroughfare in a busy college town with street front parking in historic district. Exposed brick interior, full-service kitchen with modern, working appliances. Service counter with coffee equipment, refrigerated display cases. Seating for 80 customers and some sidewalk seating in warmer months. Sellers own the space and are willing to sell or lease to a qualified buyer. Assets= $66,780

Market Competition and Expansion:

There are several small restaurants in the downtown area but few within 1 block of major retail attraction and none that offer gourmet coffee in a cafe environment. The new owner could grow the business by offering beer and wine, growing the catering business and offering a full-service dinner menu.

Reason for Selling:

Owners are pursuing other career options.

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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