Listing ID # 30858
The Asking Price for this this Unique Cafe in a Hip Downtown Location that serves up bagels, lattes, omelets, salads, and much more in a very cool, antique-filled setting has just been Drastically Reduced from $175K to $100K to reflect a slowdown in business from the Covid-19 pandemic and the sellers desire after 20 years of ownership to move on to business interests overseas. You will be impressed by the great reviews the cafe gets on Yelp. In 2019, 65% of gross sales were made in-store and the balance of 35% came from internet delivery orders. While the cafe only accepts cash in-store, you could dramatically increase your revenues were you to take credit card and smartphone payments. The sellers suggest that a new owner might want to get a beer & wine license. Social media initiatives could really boost the top and bottom lines. Lastly, it would be a no-brainer to offer catering. You'll find 850 square feet, both up and down. The fully-equipped kitchen comes with roof venting. The landlord stands ready to give you a brand new 10 year lease starting where the current one leaves off at just $7,600/month. Perhaps, you can do even better than that.Please do not say anything to the employees or customers when visiting this Hip Cafe, as they do not know it is for sale. Then, kindly email the listing broker to make an appointment for a tour of the facilities and to speak with the owners.
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