35 Yr Old Cafe for Sale. Huge Patio. 5.5 Year Lease w/Opt
Business Description
Established 35-year-old cafe located in an underserved Washington, DC neighborhood presents an exceptional opportunity for an owner-operator. This profitable coffee shop has built a loyal customer base over three decades and generates $550,000 in annual revenue.
Business Features:
• On-site coffee roaster capable of roasting 35 pounds per batch
• Expansive sun-filled patio equipped with canopy, fans, and gas heating
• Two storage spaces and access to parking garage beneath building
• Established clientele with minimal local competition (only 2 other cafes in area)
• Easy-to-operate business model suitable for absentee ownership
• FF&E valued at $30,000
• Inventory valued at $2,000
Location & Lease Terms:
Prime DC location with significant growth potential in underserved market. Current lease at $6,500/month with 6 months remaining. New owner can secure 5.5-year lease with additional 5-year option, providing long-term stability.
Financial Overview:
Strong revenue performance at $550,000 annually with profitable operations. Business demonstrates consistent cash flow and established market presence.
Owner Support:
Current absentee owner offers comprehensive 6-month training and support program to ensure smooth transition. Seller financing available up to 35% of purchase price.
Growth Opportunity:
This turnkey operation offers immediate income potential with room for expansion. The combination of established operations, prime patio space, on-site roasting capability, and underserved market position creates an ideal platform for an engaged operator to maximize returns.
Selling due to owner pursuing other business opportunities. Asking price: $120,000.
Business Features:
• On-site coffee roaster capable of roasting 35 pounds per batch
• Expansive sun-filled patio equipped with canopy, fans, and gas heating
• Two storage spaces and access to parking garage beneath building
• Established clientele with minimal local competition (only 2 other cafes in area)
• Easy-to-operate business model suitable for absentee ownership
• FF&E valued at $30,000
• Inventory valued at $2,000
Location & Lease Terms:
Prime DC location with significant growth potential in underserved market. Current lease at $6,500/month with 6 months remaining. New owner can secure 5.5-year lease with additional 5-year option, providing long-term stability.
Financial Overview:
Strong revenue performance at $550,000 annually with profitable operations. Business demonstrates consistent cash flow and established market presence.
Owner Support:
Current absentee owner offers comprehensive 6-month training and support program to ensure smooth transition. Seller financing available up to 35% of purchase price.
Growth Opportunity:
This turnkey operation offers immediate income potential with room for expansion. The combination of established operations, prime patio space, on-site roasting capability, and underserved market position creates an ideal platform for an engaged operator to maximize returns.
Selling due to owner pursuing other business opportunities. Asking price: $120,000.
About the Business
- Years in Operation
- 36
- Employees
- 6 (4 Full-time, 2 Part-time)
- Facilities & Assets
- This is a 900 sq. foot cafe with a 650 sq ft patio. Lease expires in June, can negotiate a new 5 year lease with options.
- Market Outlook / Competition
- This is an underserved neighborhood. A working operator will do amazing here. Very little competition, 2 other cafe's in the neighborhood.
Real Estate
- Owned or Leased
- Leased
- Rent
- $6,500.00 per month
About the Sale
- Seller Motivation
- Other opportunities have made this difficult to continue.
- Transition Support
- Full support and training for 6 months.
- Financing Options
- Willing to Finance up to 35%
Listing Info
- ID
- 2464877
- Listing Views
- 10
Business Location
Listing ID: 2464877 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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