Turn-Key Cafe

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30025063
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $263,900
Gross Revenue: $750,101 (Annual)
Cash Flow: $118,622 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

Turn-key café with healthy approach to food as part of a bustling retail area with year-over-year growth and "State of the Art " Campus location. Once in a lifetime opportunity to be part of a legacy brand with established In-House traffic as part of a destination location. Unique lease arrangement and landlord's participation in Capital Expenditures means you have less unknowns in your business.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Reason for Selling: Ready for a change.
Value of Inventory Included ($): $7,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Modern commercial kitchen in a State of the Art Campus environment, including outdoor seating seasonally.
Mgmt/Training Support Description: Seller is open to training and onboarding new owner.
Competition/Market Description: Landlord is responsible for most capital expenditures and business enjoys the association with a world wide brand name in healthy living. Business is not relocatable.
Growth/Expansion Opportunities: Business has enjoyed significant growth during the current owner's tenure. Currently lunch is the busiest portion of the day, more focus on breakfast or dinner holds potential.
Seller Financing Description: Seller will consider some owner financing.

Demographic Statistics

Proximity: 5 miles
Total Population: 2,023
Median Age: 51.5
Households: 926
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