Summary
- Asking price:
-
$250,000
(Furniture / Fixtures included)
- Sales revenue:
- $565,000
- Net profit:
- $45,000
- Years established:
- 5
Business description
Café/Sandwich Shop with very strong location and an option to purchase the Real Estate. This site enjoys very heavy traffic counts 85,000 cars per day. This is a highly visible and accessible site surrounded by complimentary businesses in the immediate area.
Property information
- Real Estate:
- Lease
- Lease terms:
- The rent approximately $45,000 annually.
LEASE: The current lease has five (5) years remaining with one five (5) year renewal option; however the landlord is most likely going to want to sign a new lease. The lease will have the option ot purchase the Real Estate
- Location:
- This is a stand alone building. The restaurant space is approximately 2,500 square feet with a 50 person seating capacity. The space consists of a dinning room, kitchen, bathrooms and second floor storage and office space. There is no basement.
Other information
- Expansion potential:
- This space has a lot of upside, currently they are open for breakfast and lunch, an operator could change to lunch and dinner in order to grow sales and customer base. Additionally if some improvements were made to the outside of the building, patio and signage it would help to grow business significantly.
- Support & training:
- Will be provided
- Reasons for selling:
- Divorce
- Financing available:
- To be negotiated
- Furniture / Fixtures value:
- $40,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.