European Cafe
Location:
United States
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California
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Northern California - Bay Area
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Milpitas
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This European style cafe for sale is in a mixed residential and office area in Milpitas. It has 1,800 square feet with a kitchen appropriate for a fast food establishment. The dining area is attractive with a big screen TV and a small patio area. It is well known in the area for its good food and friendly service. The menu includes salads, soups, sandwiches and small sized pizza. It has a small hood for the oven. It also provides catering service. The well-maintained strip center has plenty of parking and benefits from foot traffic from neighbor businesses. Observation at lunch time on weekdays is encouraged. The cafe would reward an energetic owner-manager or family who could likely improve cash flow by extending hours to provide dinners. The owner is motivated to sell in order to retire. Asking $150K.
Financials
Asking Price Range: < $250K
Gross Revenues:
$191,082
Cash Flow:
$35,325
Cash Flow Type: Sellers Discretionary Cash
Inventory: $3,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2001
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks.
Reason For Selling: Retirement.
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.
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Print Listing Id: 70099197
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