Price reduced! Established profitable popular cafe with loyal customers and growth potential. Ideal for family owner/operator - owners are husband and wife. Excellent corner location on main avenue in nice town. Other income $9100 is lottery commission. Inventory not included $1500 cigarettes.
- Asking Price:
- $160,000
- Sales Revenue:
- $312,000
- Cash Flow:
- $169,260
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 years
- Size in square feet:
- 800 sq. ft.
Business Operation
- Expansion Potential:
-
Expand hours to dinner, advertise more, extend delivery service to businesses.
- Competition / Market:
-
None of any consequence because is long established, popular with loyal customers.
- Reasons for selling:
-
Semi retiring
- Trading hours:
-
M-F 5am-3pm, Sat, 5:30-2pm, Sun 7am-1pm
- Years established:
- 63
Other Information
- Financing available:
-
$50,000 - one year + 5% interest