Steve's Cafe - Purchase the Award Winning Restaurant

Helena, MT

Seller Financing Available

Steve's Cafe
Asking Price:$1,499,000
Established Year:2009
BUSINESS DESCRIPTION

A "Causal Cafe in the Heart of Montana" is now available for purchase. This business comprises two turnkey locations secured by long-term leases, a dedicated customer base, and devoted employees. Both locations are strategically situated along high-visibility business corridors and come equipped with well-maintained furniture and equipment. A buyer can now purchase the locations individually. Steve's Cafe holds a special place in the hearts of locals, and is a delightful discovery for travelers. The cafe has been honored with multiple awards - as evidenced by its impeccable reviews and a successful 14-year operational history. By learning the current systems, a new owner can start turning a profit from day one. The sale of this business includes everything necessary to continue the legacy and success of Steve's Cafe under new ownership.

Location #1 features an easy ability to get in and out from any direction - a rarity for a business located in this commercial hub. While there are dozens of national retailers & restaurants nearby to bring commerce in the area, Steve's Cafe is one of the few local options for hungry consumers, as well as those passing by on I-15. This location has occupancy for up to 99 customers, dozens of parking spaces, and has visibility to the more than 25,000 vehicles that pass by on Custer Avenue each day. There's also several hundred apartment units slated to be built in the just a half mile from here.

The second Steve's Cafe location is in a standalone building that has occupancy for up to 133 customers, and 3 points of ingress/egress for the 49 parking spaces. The inside features a mix of table, booth, and counter seating, and a large kitchen with modern equipment. This location had an extensive renovation in 2013 to fix issues with the building, and make the restaurant as efficient as it can be. This is evident when you look at the beautiful facade from the lighted intersection of N Montana and US-12. This location is walking distance to the capitol, and within minutes of a large portion of Helena's population.


ATTACHED DOCUMENTS
Full Flyer.pdf Download

DETAILED INFORMATION
Location
Helena, MT
Inventory
Included in asking price
Employees
20
Facilities
The two locations are leased, and the buyer will take over the long term leases. A buyer will get all inventory, furniture, fixtures, equipment, employees, and recipes.
Competition
Steve's Cafe has done well throughout all of its years. Helena is known for having a stable economy due to the high level of state employment. Both locations are strategically located in high traffic, high commerce areas with national fast food chains, but Steve's is one of the few local options. There are a few other local breakfast and lunch diners in town, but Steve's definitely has it's own loyal following.
Growth & Expansion
Steve's Cafe could expand by opening on Mondays and Tuesdays. There's also room for growth by serving supper.
Financing
Sellers are willing to finance a small portion of the price. We shared the financials
Support & Training
Owners (husband and wife) are amenable to training a new owner.
Reason for Selling
"Show them my birth certificate"
Franchise
This business is an established franchise

BUSINESS LOCATION
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Tyler
Warne
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Tyler Warne