This 5 day week business opportunity comes with a 2 bedroom apartment included in the sale and monthly rent of only $2,500. The present owner wishes to be with her family and leaves behind a fully equipped Cafe, Deli and Catering operation. The growth potential in this busy commercial area is virtually untapped. What is included? A modern kitchen with an 8ft type 1 hood with fire suppressant system and a separate type 2 hood with two convection ovens below. Ample s/s prep tables, broiler, grill, 7 food storage racks, walk in cold room, two 2 door freezers, stove with 4 burners, mixer and outdoor BBQ. The cafe has two display cabinets, 2 door display refrigerator, espresso machine and coffee station with 2 registers. Now the real opportunity. There is an outdoor, under canopy, 24 seat patio area for use 9 months of the year, which is presently underutilized. In addition to the business is your living accommodation, right next door. So easy to get to work and great security for your business. There is also catering delivery contracts with local businesses which could be expanded. Because the kitchen is so fully equipped, you could in addition to the cafe menu expand to offer all types of fried and grilled food currently not on offer. The business is strong, only open 5 days per week, attractive patio area, catering and your living accommodation. This business is priced to sell.

General Info

  • OrganizationContact For Info
  • Established2000
  • Current Owner2010
  • Employees3 Part time
  • Reason For SaleRetirement

Facilities

  • Seating24
  • Square Feet1788
  • Parking5 plus Street
  • LicensesHealth and Business
  • Open HoursMon-Fri 6am -3pm

Lease

  • Rent$2,582
  • Expiration8/1/2013
  • Yearly Increase3%
  • Option3 years
  • Deposit$2,300

Financials

  • Monthly Revenue$20,000
  • Monthly Cash Flow$3,875
  • Annual Revenue$240,000
  • Annual Cash Flow$46,500
  • Payroll$$3,250

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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