Restaurant/Cafe w/Real Estate: Twin Cities

MN

Seller Financing Available
Restaurant/Cafe w/Real Estate: Twin Cities

Asking Price:$925,000

Cash Flow:$175,129

Gross Revenue:$673,784

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$575,000

Established:1995

Restaurant/Cafe w/Real Estate: Twin Cities

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Business Description

SBA Financing Pre-Approved!
- 10% Down, 5% Rate, 25 year Amortization

This is a fantastic opportunity to purchase this very well established Restaurant/Cafe for sale in the St. Paul market, perfect for an owner/operator, chef, or expansion of an existing café business. This business is successful, and has had consistent revenue for the last 3 years with 2015 at $673,784. 2016 is looking just as routine. As to the profits, COGS are at 35%, and cash flow for 2015 at $175,129. Although this business has operated well, many realistic opportunities are available for growth. The pump is primed for this business to take off with a new owner!

Since the ‘90s, this business has been established and positioned in its market very well. It is a staple of the community it serves, leading its competition by providing excellent food items and service. Providing a renowned breakfast, lunch, and catering menu consisting of mixed Mexican and American fare, this café operates under limited hours and no liquor license. Expanding on an already substantial business model only procures significant upside growth and opportunity.

The Owners only sell as their “baby” has been raised, and they are now ready to empty nest, passing on the established traditions to a new owner.

This opportunity is unique. The Seller’s make available for sale, the Business only with a lease, or at a Buyer’s interest, the Real Estate additionally. Therefore, at this time, the Real Estate only is not available for purchase. The Real Estate includes the Building of 8,000sqft, of which 1,000sqft is tenant leased, includes billboard lease, and additional 1/8 acre parcel serving as parking lot partially subleased to an unrelated tenant.

If you have any interest in the Food Industry, this really is a must see opportunity, as the menu, product offering, and growth potential needs to be witnessed. This business is ready for the next level of growth, and you just may be the beneficiary!

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
8,000
Employees:
15
Facilities:
This opportunity is unique. The Seller’s make available for sale, the Business only with a lease, or at a Buyer’s interest, the Real Estate additionally. Therefore, at this time, the Real Estate only is not available for purchase. The Real Estate includes the Building of 8,000sqft, of which 1,000sqft is tenant leased, includes billboard lease, and additional 1/8 acre parcel serving as parking lot partially subleased to an unrelated tenant. The restaurant space is 7,000sqft total which includes storage and office in the lower level. This sale includes a full kitchen with hood system, furnished dining rooms, and all FFE, except minor personal collections such as artwork and memorabilia.
Competition:
Pros: Very well established, leader in the area's market, very little competition, neighborhood styled on high traffic road, parking lot with on street parking, includes business and real estate, a true staple of the community it serves, real upside potential. Cons: Currently operates under limited hours/menu, limited outdoor seating.
Growth & Expansion:
Since the ‘90s, this business has been established and positioned in its market very well. It is a staple of the community it serves, leading its competition by providing excellent food items and service. Providing a renowned breakfast, lunch, and catering menu consisting of mixed Mexican and American fare, this café operates under limited hours and no liquor license. Expanding on an already substantial business model only procures significant upside growth and opportunity.
Support & Training:
Seller to maintain normal course of business operation. All customer accounts/lists, recipes, vendor/distributor contacts, included in sale. Transition period after sale available.
Reason for Selling:
Owner of 15+ years, retiring

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Matthew Moon

Business Listed By:
Matthew Moon

Moon International, Inc

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