Gastronomic Café w/Huge Catering (Reduced)

Hamden, CT
New Haven County

Busiest corner in town


Asking Price: Annual Revenue:
$99,000 $300,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Gastronomic Café w/Huge Catering (Reduced) Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $99,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: $120,000
Year Established: 1985
Employees: Not Disclosed
BBN Listing #: 838633937
Broker Reference #: gourmet Market

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Business Overview:

Reduced! 1,200 power house square feet, whopping $1,850 gross rent (includes property tax & insurance) incredible 7% rent factor, 16 vibrant seats, inviting outside seating, very busy corner, huge catering income, 70% of catering to Yale, on coveted Yale preferred vendor list, long history EST 1985, established loyal customer base, Café only open 5 prosperous days, Wednesday – Friday 11 to 3:00, Saturday 9 to 3:00 breakfast served all day & lunch, popular Sunday brunch, High Tea 2 Sundays a month a new favorite, upside potential

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Property Features and Assets:

Anything but your average breakfast, lunch catering opportunity, with their over the top gourmet café offering fresh baked goods, daily specials, signature soups & salads, sandwiches, popular Saturday breakfast & Sunday Brunch all done with European flare and American favorites to say nothing of their High Tea twice a month to. Being on the much sought after Yale preferred vendor has taken the catering revenue to incredible envied level which is 45% of all revenue. You really can’t go wrong with this money maker and an outright steal at this reduced price operating 5 days a week in great location with low rent with a price like this act now won’t last long!

Market Competition and Expansion:

Competition: Busiest corner in town Growth & Expansion: Start marketing especially social media and increase operating times and days to take it to new level

Reason for Selling:

Retiring

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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