Breakfast Cafe Absentee Run For Sale

York County, ME
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Asking Price:$95,000
Gross Revenue:$152,240
Rent:$2,100/Month
Established Year:1989
Cash Flow:$11,340
Inventory:$1,500
FF&E:$34,715
BUSINESS DESCRIPTION

Established breakfast-only cafe with a history of over 35 years of success. Owner retired and the restaurant has been refurbished. Reopened and operating, the business is now ready for a new owner to take it to the next level. Revenue and Cash Flow quoted is for only the first four months after reopening annualized.
Excellent location with lots of foot traffic in the center of town surrounded by banks, professional offices and other busy retail businesses.
Operating hours after reopening have been short: Wednesday through Sunday 6am - 11am.


DETAILED INFORMATION
Location
York County, ME
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,957
Lease Expiration
01/03/2029
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Recently refurbished the furniture, fixture and equipment are in excellent condition. Excellent downtown location on a main street with lots of foot and auto traffic.
Competition
Little competition of this type in the area.
Growth & Expansion
Can open 7 days. Opening for lunch either eat in or takeout would be popular with the local merchants and visitors to the downtown.
Support & Training
One week of training/support included.
Reason for Selling
Owners have other businesses and do not have the time to devote to the business
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Ed
Larochelle
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Ed Larochelle