Priced for quick sale/ Coffee shop/Cafe

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Coffee Shop/Cafe
Asking Price:
$99,000

Gross Revenue:
$246,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

500sq/ft coffee shop/ cafe this is a boutique style business a good opportunity for an owner operator or someone looking to expand. The business has excellent yelp reviews and a very hip vibe would be ready for expansion into other locations, also great concept for franchise.
Built from scratch this cafe was designed and built a little over a year and half, all equipment is included as well as option for the branding. It is unique in design and has a very European feel, with marble counter and beautiful woodwork.

Price Includes: Furniture, Fixtures, equipment, goodwill, leasehold interest, leasehold improvements Additional Details: Rent: $2235.10 NNN: $254.53 3% increase each year Turn Key Plus ADA bathroom 8 1/2 years remains on lease Gross sales $246K Absentee owner breaking even

About the Business

Year Established:
2016
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
500
Lease Rate/Sq. Ft./Mo.:
$2,235.00
Lease Expiration:
6/1/2026
Facilities:
All equipment purchased in 2016 excellent condition. Furniture, Fixtures, equipment, goodwill, leasehold interest, leasehold improvements
Market Outlook/
Competition:
We are located in the Tenderloin home to the new young Tech community living and working around the city. It is also within a few block of very popular S.F. Hotels like The Clift and Adagio, close to union square.This is a good opportunity for an owner operator or someone looking to expand. The business has excellent yelp reviews and a very hip vibe would be ready for expansion into other locations
Growth & Expansion:
This is a great business for an owner operator or for a franchise opportunity, our hrs are short so would be great upside to business if you expanded these hrs for a late cafe offering.
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About the Sale

Reason For Selling:
Owner moving
Training/Support:
2 weeks

Listing Info

ID:
1369260
Ad Detail Views:
706

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Business Listed by
Sharon Lindley

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