Listing Number: 70521-896169
Price reduced for well-established and very popular small café/restaurant for sale. This business has a great reputation for its menu and quality food, and is a hot spot for breakfast and lunch in the area. Many local regulars patronize the restaurant frequently. The business also has a liquor license and serves alcoholic beverages in addition to its great coffee drinks. Known for its fun atmosphere, the restaurant has at times been open on weekend evenings, and a new owner could certainly be open for dinner if desired.
The surrounding area is experiencing strong population growth, promoting the growth in the number of regular patrons. Sales volume was set back by the pandemic, but remained strong enough to produce significant owner’s cash flow, which has not declined from years prior to 2020.
Very reasonable overhead with a fixed rent through December of 2023.
- Price: $ 200,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 101,776
- Total Sales: $ 440,004
- Location: El Paso County, Colorado
- Inventory: $ 0
- FF&E: $ 0
- Reason for Selling: family decision
- Category: Restaurants