North Shore Coffee &....Café/SandwichShop /StrongProfit!

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Asking Price:
$230,000

Gross Revenue:
$416,000
Cash Flow:
$154,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

BEAUTIFUL BUILD OUT
Café/Sandwich Shop with Strong Sales and Great Reputation.
Located in Busy Downtown North Shore Area.

TYPE OF BUSINESS:
Upscale Café/Panini/Breakfast/Lunch/Pastries/Gelato

LOCATION: Busy Downtown Area,parking lot in back,street parking

SELLING PRICE: $230K with some owner financing

SALES VOLUME: $8k/wk

LEASE: $1,650/mo. Low Rent! (only 4 1/2% RENT RATIO)
(includes NNN charges). 1.5 yrs + 5yr. option or more

NO. OF SEATS: (Inside) 32 seats
SQUARE FOOTAGE: 1500 sq.ft
Handicapped Bathroom.

BONUS: Fully Utilized, Clean Basement which could easily be utilized for catering, includes office

HOURS OF OPERATION: Mon - Sun 7 am - 6 pm (Has 12a.m. License) Extends hours during spring and summer-Gelato

COMMENTS: LOOKING FOR SHORTER HOURS AND EASIER WORK?
Trendy, beautiful and impeccably spotless Café known for their specialty coffee. Since opening almost 4 years ago sales have been consistently trending upwards. Strong local following.

Call or Email Chuck Rollins 978-317-2943 cwrollins01@gmail.com
or Marie Feudo 978-902-0350 ellesell3@gmail.com

Subject to errors, omissions, prior sale or withdrawal from the market…all without notice.

About the Business

Number of Employees:
8
Real Estate:
Leased
Facilities:
Nicely Built Out Café. Equipment in great shape. Plenty of parking. Located on busy main street.
Market Outlook/
Competition:
Located on busy main street with many other businesses.
Growth & Expansion:
Increased hours and advertising should increase sales volume.
Contact the Seller

About the Sale

Reason For Selling:
Other Business Interest
Training/Support:
Owner will train.

Listing Info

ID:
1481081
Ad Detail Views:
161

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Business Listed by

Chuck Rollins

New England Restaurant Brokers

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Sponsoring Broker:

Dennis Serpone
New England Restaurant Brokers

U.S. Census Data for Essex County, MA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Essex County, MA
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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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