Fantastic Cafe Opportunity- Acquire Two Locations Simultaneously

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30704001
Property Subtypes: Food and Beverage
Building Size (RSF): 3,450 SF
Sale Price: $545,000
Gross Revenue: $1,277,746 (Annual)
Cash Flow: $166,545 (Annual)
Last Updated: 4/15/2021

Overview / Comments

Highly reputable café business with two locations in Southern Maine. Both locations offer indoor and outdoor seating, as well as take-out, serving breakfast and lunch. The business offers quality locally sourced products including pastries and fair trade organic coffee from Maine. Superior customer service has been a known contributor to the continued success of both locations. Customers represent a wide range of demographics from local businesses, local neighborhoods, students, tourists and a high volume of long-time repeat customers.





Attachments & Media

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $79,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 2 locations; one is 1,450+/- SF and the other is 2,000+/- SF. Both locations offer indoor and outdoor seating, take-out, ordering area and small retail section.
Employee/Labor Description: 8 FT/2-3 PT
Mgmt/Training Support Description: 2 weeks
Competition/Market Description: With the current Covid situation, the business has focused more of its efforts on take-out & curbside. Both cafes continue to prosper due to a loyal customer base that patronize the locations consistently in search of the community centric atmosphere and products not offered by others.
Growth/Expansion Opportunities: The business has a very large following along with an excellent reputation. With a proven history of success and profitability, this offers the ability to expand the current locations as well as add new locations in the future. Expanding hours and food/beverage options may also increase profitability.

Contact

Photograph of Listing Agent

Kirk A Butterfield

Keller Williams Commercial
NECPE Member
Photograph of Listing Agent

Craig S. Church

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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