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Coffee & Pastry Lounge Cafe with Beer & Wine
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Successful specialty coffee cafe serving small bites, sandwiches, pastries, craft beers & wine. Opened in 2017. Very clean and attractive cafe, located in a charming suburban downtown area. Highly desirable location with good visibility, foot traffic and a terrific lease. Guests drink, dine and lounge inside or on the streetside patio. Staff run cafe. The owner works 20 hours a week. Potential for additional sales and income by opening longer hours. Dine-in, take out & delivery with stellar reviews. Very popular with students of nearby college. Open for art shows, music and special events. With 10 part-time employees.
Some equipment includes: La Marzocco espresso machine, 3 coffee grinders, Fetco batch brewer, refrigeration, ice machine, sandwich prep table, microwave, toaster, scale, freezer, pastry display case, blender, water filtration system, POS system, speakers, couch, coffee table, barstools, indoor and outdoor tables, chairs, glassware, etc.
Sold for 132,500
Listed By: Teri Craft
Background information
Reference:
coffeecafelv
Year established:
2017
Reason selling:
Other interests
Finance
Sales:
$465,635
Profits:
$74,650
Operations
Employees:
10 all part-time.
Equipment:
Espresso machine, batch brewer, 2 coffee grinders, refrigerator, under counter refrigerator, water filtration system, display refrigerator, vitamix blender, sandwich prep table, ice machine, chest freezer, pastry display case, sofa, coffee table, lounge chairs. tables, outdoor tables, POS system, sound speakers, cups, glassware.
Inventory:
Up to $3,000
Premises
Facility:
Bright, cheerful & well maintained, old town cafe with character. Seating in cafe, adjacent building lobby plus, street-side patio. Well maintained equipment and comfortable setting inside out.
Square footage:
1,100
Rent and lease terms:
$3,060 all in. The lease expires in February 2024. Plus, 5 year option.
Location:
Desirable old town location with good visibility, foot traffic and parking. Surrounded by shops & restaurants.
Opportunities
Growth:
Potential to promote beer & wine sales plus, the ability to open longer hours.
Price and terms
Price:
$165,000
Training:
2 weeks, 20 hours per week