Profitable boutique café in downtown Durango, CO

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Asking Price:
$79,900

Gross Revenue:
$253,000
Cash Flow:
$38,800
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$25,370
included in asking price

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Business Description

Successful café located in one of Durango’s most widely acclaimed historic buildings, serving the 50+ tenants of the building in addition to locals from around the area. Specializing in gluten free baked goods, quiches, breakfast items, soups and desserts, made fresh daily in-house. The company offers locally roasted coffee including espresso drinks, chai, and teas, and serves hand crafted salads, sandwiches, and breakfast burritos. Grab-n-go service with table seating is available. The business has unlimited parking nearby, well maintained facilities, and operates Monday through Friday from 7am-5pm and Saturday from 8am-2pm. It is operated by one full time owner and 8 part time employees.

About the Business

Location:
Durango, Colorado
Year Established:
2016
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$1,500.00 Per Month
Lease Expiration:
3/31/2024
Facilities:
The company is located on Durango’s historic 3rd Avenue in the equally historic Smiley Building. The café occupies approximately 1100 square feet in the main entrance to the building. There are currently two prep kitchens, an upstairs and downstairs seating area totaling 800 square feet, a small storage area, and multiple bathrooms located in the building for café use. It is located in downtown Durango. There is also a paved parking area. The facility has easy access, great visibility, and is operated M-F from 7 am to 5 pm and on Saturday from 8 am to 2 pm.

The Real Estate is leased, and the landlord has indicated a willingness to lease to an approved Buyer at $1500 per month. This lease includes equipment and stipulates hours of operation remain at a minimum of where they are now.
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About the Sale

Reason For Selling:
Other interests
Training/Support:
Negotiable
Seller Financing:
Yes

Listing Info

ID:
1618998
Ad Detail Views:
0

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Business Listed by

Jennifer Sokol

Cole & Company, Inc.
License# 100069763

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Sponsoring Broker:

Charlie Cole
Cole & Company, Inc.
License# ER.100000425

U.S. Census Data for La Plata County, CO
Age

Gender

Ethnicity

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

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

U.S. Community Survey Data for La Plata County, CO
Income

Education

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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