Stunning Coffee Cafe For Sale On A Main Thoroughfare in the Central Coast with Low Affordable Rent
RRC# 4640
Location: San Luis Obispo County
Description:
An exceptional artisan café, strategically situated on a bustling thoroughfare in San Luis Obispo County, stands as a beacon for coffee enthusiasts and culinary connoisseurs alike. This distinctive establishment has carved its niche with a dedicated focus on ethically sourced coffee and an array of artisan, contemporary menu items that has earned widespread acclaim. Garnering stellar reviews on both Google and Yelp, the café boasts a well-deserved reputation for excellence.
Nestled on a vibrant street in San Luis Obispo County, the café thrives amidst constant foot and vehicular traffic, maintaining a vibrant atmosphere seven days a week. The locale is surrounded by diverse businesses, drawing in both locals and tourists seeking a taste of top-tier, locally roasted coffee complemented by a thoughtfully crafted artisan menu designed by skilled chefs.
The café's ambiance seamlessly blends modernity and sophistication, both inside and out. The visionary owners have meticulously laid the foundation for the next custodian to elevate this gem further. Recent enhancements, totaling an investment of $350,000 in renovations and $50,000 in equipment, make a tremendous opportunity for a turnkey business that is on the rise.
A remarkable upswing in performance during the last six months, compared to the rolling six months, reflects a substantial revenue increase with revenue growing month over month. This positive trajectory signifies the café's potential for continued success.
While currently leasing at $5,000, equivalent to $1.25 per square foot, the rent is slated to increase$26,573 to $5,400 in 2024 for the remaining three years of the term.
In summary, this artisan café, adorned with accolades and positioned for growth, presents a unique opportunity for the discerning entrepreneur. The combination of exceptional offerings, a prime location, and recent investments sets the stage for the next chapter of success in the dynamic San Luis Obispo County market.
Financial Information:
Monthly Revenue: $26,573
Monthly Cash Flow: Contact For Info
Annual Revenue: $318,884
Annual Cash Flow: Contact For Info
General Info:
Ownership: Corporation
Established: 2021
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $5,000
Expiration: 2026 plus Two 5 Year Options
Facilities:
Square Feet: 4,000
Seating: 48 Inside and 16 Outside
Parking: Street Parking and Public Parking Lot
Licenses: Business and Health Permit
Days/Hours of Operation: 7am - 2pm Daily
