This attractive café is open 5 days a week for breakfast and lunch and is know for delicious food and excellent service. It is located on the ground floor of one of two high rise office buildings in Aurora. The rent is extremely low at $600.00 per month to encourage the success of this in-house Café for the benefit of the tenants. Although the current owner is not involved in the day to day operations it generates close to $100,000.00 dollars net income annually for the owner. She has not done any advertising or flyers within the towers or neighboring offices. Additionally there are no signs in either building indicating to tenants or visitors that the Café is located there. Due to the owners health as well as taking care of her aged Mother she has made the decision to sell.
About the Business
Number of Employees:
2 Full Time
Building Sq. Ft.:
This 1,000 square foot leased space is located on the ground floor of one of the twin office towers on a busy Aurora Road. The current rent is very low at $600.00 per month to encourage a successful Café for the tenants. The current Lease expires 6/30/19 with a new lease at that time.
This in-house Café is conducive to use by the tenants who seem to enjoy the good food and excellent service.
Growth & Expansion:
There seems to be great potential for growth through advertising and signage with in the existing buildings and surrounding area.
The Seller is willing to train the buyer to assure a smooth transition.
Seller may carry some
Ad Detail Views:
Asking Price: $195,000 Gross Revenue: $159,000Cash Flow: $97,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 not included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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 & Conditions.