Hot Listing

Absentee Cafe & Event Room with Beer & Wine License

Asking Price$250,000

Cash Flow
$118,570
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$246,800

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Absentee Cafe & Event Room with Beer & Wine License


Asking Price$250,000

Cash Flow
$118,570
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$246,800

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
*** ABSENTEE OPERATED CAFE WITH BEER & WINE LICENSE***

Excellent opportunity for a more dedicated owner-operator to take this store to the next level! A big portion of sales comes from allowing events to be hosted at the store such as coporate events, photo shoots, private partys, etc. which is absentee operated. Also, the cafe operations can perform better with more effort and more hours.

This will also be a great space to change concept into a bubble tea store, etc; there is no kitchen, hood, gas lines, or grease traps. City will not allow a build of a hood until a few more years operating with your concept.

Business Type: Cafe / Event Room

City: Redwood City

Asking Price: $250,000

Sales: ~ $246,800.00

Seller Discretionary Earnings: ~$118,570.00

Lease: New lease required

Size: 2000 square feet

Rent with NNN/CAM: $6,000 flat (for new owner)

Financing: No seller financing or SBA loan available. All cash purchase only.

Please request NDA for more detailed information.
About the Business
Years in Operation
4
Number of Employees
4
Facilities & Assets
No kitchen, hood, gas lines, grease traps
Opportunities for Growth
Owner recommends to heavily focus on holding events which is absentee operated
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$6,000.00 per month
About the Sale
Seller Motivation
Other responsibilites
Financing Options
No seller financing or SBA loan available. All cash purchase only.
Listing Info
ID
2381138
Listing Views
779

Contact Seller

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Business Listed by: Abby Ganzon BisBroker

Listing ID: 2381138 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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