Coffee & Wine Bar For Sale

Business description

Coffee Wine Bar Downtown Denver. Established 4 years ago. Great location, high foot traffic. Outdoor covered patio. Like stepping into a coffee shop in Italy. Loads of regular customers. Serving all espresso type coffee, large wine list and a very simple to prepare but effective menu of food. All the hard work is done. Great lease!
www.michelangelosdenver.com

Property information

Real Estate:

Real Property Included

Lease terms:

3 years with a 3 year option and can extend before purchase with no increase for new owner. Low price per sq ft for the area. Great landlord.

Location:

Cafe' sits between a Thai and a Sushi restaurant. High foot traffic and located in front of historic housing area of Denver. Single family and multi-family living. Many other business on both sides of the street. This business is located on Broadway in Denver.

Other information

Expansion potential:

Current owner has had offers to franchise or do business plans with other individuals in Colorado and other states. The concept lends itself to opening other locations.

Competition / Market:

No other coffee/wine bars in any close proxmity.

Support & training:

Owner will completely train new owner in every aspect. This could take as long as 2-3 weeks, depending on the individual.

Reasons for selling:

Got married recently and wife lives in Oklahoma....moving there.`

Trading hours:

105 hrs week/7 days

Financing available:

Seller may carry partial

Furniture / Fixtures value:

$130,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)

Website:

www.michelangelosdenver.com