Cafe & Event Room or Asset Sale - Second Generation Restaurant
Business Description
***CONVERTIBLE ASSET SALE - BEER & WINE LICENSE - MOTIVATED SELLER ***
EVENT SPACE RENTAL--- A big portion of sales comes from allowing events to be hosted at the store AFTER HOURS such as coporate events, photo shoots, private partys, etc. (ALMOST NO COST OF GOODS SOLD INVOLVED - MOSTLY PROFIT)
CAFE--- The cafe operations can perform better with more attention, effort, & hours.
ASSET SALE--- It is a great space to change concept into a bubble tea store, etc; there is no full kitchen or hood but there is more than enough space to add one.
Business Type: Cafe / Event Room
City: Redwood City
Asking Price: $200,000
Sales: ~ $246,800.00
Seller Discretionary Earnings: ~$118,570.00 (most profits come from even room with almost no costs of good sold involved)
Lease: New lease required
Size: 2000 square feet
Rent with NNN/CAM: $6,000 flat (for new owner)
Financing: All cash purchase only. Unsecured lending option available. No seller financing or SBA loan available.
Please request NDA for more detailed information.
EVENT SPACE RENTAL--- A big portion of sales comes from allowing events to be hosted at the store AFTER HOURS such as coporate events, photo shoots, private partys, etc. (ALMOST NO COST OF GOODS SOLD INVOLVED - MOSTLY PROFIT)
CAFE--- The cafe operations can perform better with more attention, effort, & hours.
ASSET SALE--- It is a great space to change concept into a bubble tea store, etc; there is no full kitchen or hood but there is more than enough space to add one.
Business Type: Cafe / Event Room
City: Redwood City
Asking Price: $200,000
Sales: ~ $246,800.00
Seller Discretionary Earnings: ~$118,570.00 (most profits come from even room with almost no costs of good sold involved)
Lease: New lease required
Size: 2000 square feet
Rent with NNN/CAM: $6,000 flat (for new owner)
Financing: All cash purchase only. Unsecured lending option available. No seller financing or SBA loan available.
Please request NDA for more detailed information.
About the Business
- Facilities & Assets
- More than enough space to install a hood and full kitchen
- Market Outlook / Competition
- The plaza has seen no vacanies in 3 years. Neighborhood is loyal to this plaza as it is the only one for a good distance.
- Opportunities for Growth
- Owner recommends to heavily focus on holding events which is almost no cost of goods sold involved.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Other responsibilities
- Transition Support
- Owner willing to train
- Financing Options
- All cash purchase only. Unsecured lending option available. No seller financing or SB
Listing Info
- ID
- 2430988
- Listing Views
Listing ID: 2430988 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Other Food & Beverage Businesses for Sale
Similar Listings
