Business Summary:
Soup-Salads-Sandwiches & Breakfast served Monday - Friday! Short Hours! Open for Breakfast & Lunch only. Currently this Cafe is being operated on an Absentee Owner basis. The cash flow that is represented is based on an Absentee Owner, there have been no adjustments for an owner operator. An owner operator could increase sales simply by being there. Features include a Self-Serve Salad Bar; Espresso machine; Panini Grill & Full line of Sundry items. Located near a hospital & many Medical Offices. They provide catering to many of these offices in the area. RENT IS 8% OF THE GROSS, which averages out to be approx $1,200 monthly. RENT INCLUDES: ELECTRIC, WATER, TRASH & JANITORIAL. THIS IS A GREAT LEASE. Beautiful location on a huge terrace that seats about 50. There is seating in the cafe for 24.
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| Year
Business was Established: 1988 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
1463 sq ft. Monthly rent is 8% of the monthly gross sales, calculated monthly. Averages out to approx $1,200 monthly. Lease expires August 31, 2013. |
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| Potential
Growth/Expansion:
Currently this is an absentee owner operated business. An owner operator would make a big difference just by being there. Current owner lives out of state. |
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| Owner
willing to finance:
$55,000 down; Bal @ 4 years; 7% interest |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Wants to start a new business. |
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Seller Reference Number: bm1378940593
BusinessMart.com Listing Number: 69255 |
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