Cafe - Award Winning And Popular Landmark
Location:
United States
->
California
->
Southern California - All Southern California
->
Hemet
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Five-year-old well-established, neighborhood Coffeehouse is ideally located near a major medical center with thousands of employees, outpatients and visitors. They were voted the #1 coffeehouse three years in a row and have received recognition and coverage from the local papers as well as chamber of commerce. The current owner is ringing up an average of $24,000.00 per month in sales. Take home $60k-$80k per year, adjusted for single owner operator working ONLY five days per week. Within close walking distance to the hospital and medical plazas; which makes it an ideal coffee and lunch location for the many hospital staff. Patrons include all ages: city council, hospital staff, college and high school students, law enforcement, and the large local retirement community. Take advantage of their A+ reputation and loyal customer base and implement new items, such as ice cream and frozen yogurt. This has great potential to increase revenue as no other cafe or ice cream shop in town has the seating space or the ambiance of this well-known and friendly establishment. Low Overhead: The coffeehouse is approximately 1,300 square feet with plenty of storage and parking. The rent is only $1,700 per month with nearly 5 years left on the lease plus an option to renew for additional years. The coffeehouse is open 6 days, closed Sunday. This coffeehouse serves breakfast and lunch only (the vast majority of sales is lunch business). This is a very clean and easy to run operation with a fantastic lay out and pleasant work environment. The current owner is starting a new business elsewhere and is looking for quick sale.
Facilities: 1,300 square feet. $1,700/month Signed new five year lease in 2.2008 with options to renew. Plenty of parking and visibility from street. Located ideally next to a major hospital and medical plazas ... all walking distance. Contact for more information on this Cafe for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$283,000
Cash Flow:
$65,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2003
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: TBD.
Reason For Selling: Owner to focus on other businesses and family.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
|
Print Listing Id: 70080045
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
