Last Revised: 9/12/19. Posting #: 250662
Key Words: cafe, placer
Financial Info: Price: $149,000. Down: Call. Adjusted Net: Call. Annual Revenues: $582,046 in 2018. 2019 income is up over same time last year by over 10%. Monthly Rent is $3,000. 5 year lease + 5 year option.
Profile: New Asking Price $149K!
Beautiful Cafe an outstanding location with easy hours, and a space with a full kitchen! This cafe is a simple operation with great breakfast and lunch hours that give the owners time off in the evenings. It benefits from a beautiful location near other restaurants, retail shops and entertainment venues that bring a steady clientele into the area.
The cafe has a full kitchen with hood and ansul which translates to full cooking capability and nearly unlimited menu options. The cafe menu focuses on farm to fork fresh ingredients, and high-quality fair-trade coffee and espresso. The morning menu features a variety of housemade baked goods, fresh croissants, and pastries, and a full breakfast menu with omelets, egg plates, french toast and biscuits & gravy. The lunch menu features classic deli sandwiches, panini, burgers, and rotating seasonal hot specials. The cafe is a popular spot for weekend brunch and has space for catering parties and small events. This is a breakfast & lunch cafe, but the location comes with a type 41 beer & wine license. The cafe serves popular craft beers at lunch, at offers wine and mimosas at brunch and for events.
The cafe is approximately 1,500 sq. ft. with seats for about 49 inside + more on a covered patio. The total rent is only $3,000 per month! Landlord is offering a 5 year lease and one 5 year option. Buyer to negotiate a new lease. The cafe has a history of being profitable with 2018 Sales: $582,046. 2019 income is up over same time last year by over 10%.
The owners have realized the desired vision for the business, but they have other business interests that are demanding full time attention, so the time has come to sell. This would make a great business for a buyer with coffee or food industry experience, or a great business for a working owner who prefers breakfast & lunch hours and who is looking for a place to be creative.
Interested? Please request a confidentiality agreement/nda form to get the name and address.
Once we receive your confidentiality agreement, we will send you information with the street address and other details to get you started.
This is a confidential listing so please do not disturb the business. Tours are by appointment only.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Profile: Underestimating the buying process for any business is a bad mistake to make, but it commonly happens with smaller, simpler businesses such as coffee shops. Conducting due diligence and a few other steps specific to coffee shops will help insure success. Spencer Siegel, BBN Facilitator Mgr explains.
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Profile: With the Supreme Court ruling on South Dakota v. Wayfair, business sellers should conduct internal due diligence on their reporting and collection obligations related to remote sales. Addressing this now will avoid problems in the future. John Byrne, CPA explains on BizBenNetwork.
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