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Hot New Cafe in Stamford, CT

Stamford, Connecticut (Fairfield County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $179,000 Inventory $10,000* 
Gross Income $600,000 Real Estate  
Cash Flow $89,000 Year Established 2007
FF&E $162,000* Employees 12

* included in the asking price

** not included in the asking price

Located in downtown Stamford, this cafe is considered the best lunch spot in Stamford, with a high reoccurring customer base. Barely a year old, this business continues to grow. The new owner has the opportunity to extend the operation by acquiring a liquor permit and opening for evening and weekend business. Current menu consists of large panini sandwiches, custom NYC style salads, up to 6 soups and a full line of espresso and coffee drinks. Fully staffed, our operation is functionally rich and our catering/ delivery business continues to grow each month. In addition, we are set up with Seeamless Web and have our own "order online" website. Due to unforeseen circumstances owner must sell and must redirect his business efforts. Owner is willing to accept investors in lieu of an outright purchase. All contact must be made on a confidential basis.

Facilities: 2583 sq ft + large storage space behind cafe. All equipment and furnishings are new (<1yr). 3 parking spaces are provided in garage by Landlord. 10 yr lease, with two 5 year options @ 5,000/month

Competition: Centrally located downtown, there are other restaurants. We are a casual dining (counter service) with high quality....no other restaurant offers this approach and is a key competitive advantage.

Growth/Expansion: Add a bar and evening/weekend business. Revenues could easily double with the right approach.

Financing: Owner will provide partial financing

Support/Training: 30 day training by owner

Reason Selling: pursue other business interests

AD # 383970

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