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: 11/30/2017

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
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.