North End Cafe
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $250000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 4 - 5
Inventory 2000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Training will be provided.
Reason for Sale Sellers do not have time to run it properly.
Description Picturesque Cafe in Boston's famous North End. Currently serving cafe fare; sandwiches, coffee, pastries, and ice cream. The facility is beautiful with high end finishes, excellent visibility and heavy foot traffic. A new operator could grow sales significantly by focusing on the Beer, Wine and Cordial business.
FACILITY: This is a storefront facility located on a corner; the space is approximately 800 square feet with brand new equipment and high-end leasehold improvements. It presently has 20 seats and very good visibility.
CONDITION: The Cafe for sale is in excellent condition, the space is beautifully built out with marble and tile and fine finishes.
PARKING: On street parking
EQUIPMENT: The equipment is new and has been well maintained and is of good quality. All equipment is included in the price.
LEASE TERM: Three (3) years remaining on the lease with one Five (5) year option
BASE RENT: $2,500 NNN
CONCEPT: Cafe serving, coffee, pastries, Ice Cream, beer/wine and specialty drinks.
SEATING: It presently has 20 seats
HOURS: Open from 7:00AM - 7:00PM
LICENSES: Beer & Wine & Cordial
SALES: $250,000
CASH FLOW: Approximately $25,000 per year (partially absentee owner)
PRICE: $190,000 (financing available)
Click Here To Contact Seller
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