Local Market & Café in Norfolk County

Not Disclosed, MA
Norfolk County

Norfolk County

Asking Price: Annual Revenue:
$399,000 $1,600,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Local Market & Café in Norfolk County Broker: Lauren Higgins

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $25,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 522124983
Broker Reference #: Not Disclosed

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Business Overview:

Successful local market and café located in dense market with high income demographic. Offers both take-out and dine in options with additional seating outside on the patio. Serving a wide range of foods from artisanal cheeses, to pastas, breakfast sandwiches, salads, etc, in addition to catering options.

FACILITY: The facility is in very good condition and has been well maintained
PARKING: Metered Street Parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained – purchased all new 4 years ago
LEASE TERM: 10-year term with 6 years remaining
BASE RENT: $11,700 increasing to $13,104 in 2023
CONCEPT: Artisanal Grocery Store/Cafe
SIZE: 2,400 square feet
SEATS: 22 with an additional 20 on outside patio
HOURS: Covid Hours are Wed-Sun 830a-5p
SALES: $1,600,000 per year
CASH FLOW: $25,000 per year

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Additional Details:

  • The property is owned.
  • The owner is not 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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