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.