Fully Equipped Cafe / Cappuccino Bar

Location: Canada -> Alberta -> Calgary
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
Great Opportunity for sale by landlord. Fully Equipped Cafe/Cappuccino Bar available immediately for the right person/partner. Due to personal/family issues my tenant has not been able to fulfill his lease obligations. Thus I have a Cafe/Cappuccino Bar for sale. This location has operated as a Cafe/Cappuccino Bar for over 15 years. It has been profitable throughout that time. The current issue is, again, personal and family for the operator. Recently renovated, nice summer patio in a character brick building on a busy street . Tons of new equipment including; cappuccino machine, blender, POS system, computers, commercial cooler/fridge, stove, dishwasher, tables, chairs.
What you would need to do:
- Demonstrate your experience in operating a cafe/coffee shop and prove you have adequate capitalization
- Purchase the assets
- Sign a new lease
- Re brand the operation
- Develop a new menu
- Market to the walking and drive by traffic.
This location, when the operator focused on breakfast and lunch, did $1,200 a day. Email or call 403-620-0397 to view this Cafe / Cappuccino Bar for sale.
Financials
Asking Price Range: < $250K
Gross Revenues: $180,000
Cash Flow: $60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $50,000
Seller Financing: No
About The Business
Year Established: 1992
Number of Employees: 4 – 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Management Training and Support: None.
Reason For Selling: Due to divorce and personal issues my tenant has broken his lease.
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