Property ID : SPL25.265
For Sale $70,000.00 - Cafe-Coffee Shop, Restaurant
DESCRIPTION:
- Currently operating as a grill and café with a Mediterranean style Menu
- Located off a very busy main highway. Has a very loyal clientele.
- Newly build-out with all equipment and fixtures less than 2 years old
- Located in a strip mall setting with plenty of parking in the front and back
- Cafeteria set up for serving lunch and dinner
- 2800 sq feet with seating for 50-60 people
- Catering services are offered, with an extensive menu.
- Hours of business are Sun thru Thursday 11am to 8pm, Friday 11am to 3pm, and closed Saturdays.
- Operating since 9/1/2014
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- All FFE valued at $54,000.
LEASE ARRANGEMENTS:
- Current lease is $2,550 a month gross, and includes water
- Lease runs thru 9/30/19 with options
SALES AND SELLERS DISCRETIONARY EARNINGS:
2017
Sales: 2019 $311,537
PRICE/FINANCING:
- The asking price is $70,000.
- Financing is available to a qualified buyer with one-half down.
COMMENTS:
- Currently operating as specialized Mediterranean Restaurant; however, it does not have to stay that way
- There is a very good lease structure.
- It is the only approved Restaurant with an Ansul System Hood in the area.
The current owners are ready to retire after many years in the business
