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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

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)
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