Profitable turnkey cafe for sale in excellent location, Bethesda, MD
Asking Price: | $220,000 |
Established Year: | 2024 |
High foot traffic, established clienteles ready to take it next level
Business Description:
Turnkey business, start earning immediately:
Busy upscale café, great opportunity for growth and taking the business to the next level:
Selling popular upscale café, operating successfully since March 2024 at a busy neighborhood near downtown Bethesda, MD. Surrounded by commercial buildings and thousands of dwelling apartments. Public parking across the street. Enjoys high foot traffic and quality customers. The business has great customer reviews. Selling specialty coffee drinks, prime quality patisseries sourced from local French bakeries; and house-made sandwiches, soups, salads, grab-n-go items, cold beverages etc. New owner can add a variety of other items into the menu including bubble tea. Scope to convert backroom into kitchen with hood and add hot foods/panini/pizza etc. Open seven days a week (7:00am-6:00pm Mon-Fri; 9:00am-5:00pm Sat-Sun). With added items in the menu and increased store hours, there is potential for the new owner for additional revenue. Current annual gross sales are around $350K, projected to be $450K in 2025.
* Building owners are supportive and encourage business growth.
*Current lease term: 05-year initial, with two 05-year renewal options. The current lease expires in October 2028.
*Current rent $4,600/month, plus NNN expense (around $515/month currently).
* Sale includes all brand new equipment including top branded expresso machine, refrigerator, freezer, ice machine, ice bin, over the counter refrigerated display case, refrigerated air curtain merchandiser, shelves, inventory, POS system, tables, chairs, etc.
* Seating capacity: 45 people inside. Outdoor seating is permitted under the lease. Spacious area for outdoor seating. New owner can add outdoor seating for around 20 people (just need to apply for permit from the county).
* Established customer base with a strong local presence
* 2023 average gross revenue: $350K
* Projected to reach $450K in gross revenue for 2025
* Profitable business with immediate income potential
* Offering 2 weeks of free training to the new owner
* Reason for sale: moving out of state
* Asking price: $220,000 or best offer; preference for cash offers.
About the Business:
Years in Operation:
Business operation started in March 2024.
Number of Employees:
2 full time/2 part time
Facilities & Assets:
Water, trash and building maintenance included with lease agreement under NNN.
Market Outlook / Competition:
Currently, the business is in a favorable position, experiencing positive growth.
Opportunities for Growth:
There are several simple methods for realizing high growth such as converting the back room into kitchen with hood to add hot foods/panini/pizza/wings etc., adding bubble tea to drinks menu, making minor adjustments to the menu/introducing new menu, extending operating hours,
Real Estate
Owned or Leased
Leased
Current Rent
$4,600/month, plus NNN (around $515/month currently)
About the Sale
Seller Motivation
Relocating out of state.
Transition Support
The current owner will remain on-site for a two-week period, at no additional cost, to provide comprehensive training, assist with procurement, offer recipe guidance, and facilitate introductions to relevant vendors.
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