Popular Community Cafe with Upscale Design in Greater Boston Area For Sale
Consistent Profit Margin
Greater Boston Area, Massachusetts
Listing Number: 1579
Asking Price: $325,000 (+ inventory $5,000)
Gross Revenues: $1,281,000 (2-year average)
Cash Flow: $113,000 (2-year average)
This cafe and bakery specializes in baked goods, tea, coffee, soups, sandwiches and salads. In addition to great food, the establishment also features a dining area where customers can enjoy their meals. Services include breakfast, lunch and specialty spreads.
The café has a strategic location, a loyal customer base, and limited competition. Coupled with the potential to expand its range of product offerings and sales channels, the business also provides a new owner with the opportunity to grow a successful establishment in a vibrant community. With its ongoing support of community activities, it has won a loyal and dedicated customer base.
Facilities: 2,300 square foot leased space in an urban business complex. The current lease is 7% of sales plus a small percentage of expenses and real estate taxes.
Growth & Expansion:
New owners have numerous opportunities to take this thriving cornerstone of the community and leverage its successes to increase sales and revenues. These include updating the Café’s current menu to provide new options that attract more customers and developing new distribution channels such as catering, online ordering, and delivery services. Adding a beer and wine license would also help increase traffic and sales.
Employees: 12 FT/ 12 PT
Financing: A qualified buyer should be able to obtain SBA financing with 10% down.
Support & Training: Owner will assist in smooth transition
Reason Selling: Owner wishes to focus on other existing businesses