Established Cafe' and Bakery in NW Suburbs (DJ CL)

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Asking Price:
$50,000

Gross Revenue:
$93,000
Cash Flow:
$40,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
$26,370
included in asking price

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Business Description

This is an established bakery and café in the northwest suburbs of Minneapolis. Services include breakfast and lunch menu items along with snacks, coffee and other delicious items. Open M-F 7:30am-3pm, Sat 8am-2pm. Excellent location in downtown area of suburb. One full-time and Two part-time employees assist in managing the store on a daily basis. 2018 revenues were $93,000 with an owner's adjusted net of $40,000. The current owner has not done any advertising to promote the business. Great opportunity for an owner/operator who could market the business to the surrounding population. Priced to sell at only $50,000 including all FF&E. Current gross lease is $830/mo. which includes all utilities. For more information contact Christopher Lappen (clappen@calhouncompanies.com) or Duane Johnson (duane@calhouncompanies.com) or call 952-831-3300.

About the Business

Location:
Minnesota
Year Established:
2013
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$830.00 Per Month
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
Negotiable

Listing Info

ID:
1541549
Ad Detail Views:
402

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Business Listed by

Calhoun Companies

Calhoun Companies

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Sponsoring Broker:

Andy Kocemba
Calhoun Companies
License# 40250489

U.S. Census Data for Minnesota
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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