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Cozy, Inviting and Well-Established Cafe/Deli in Ipswich

Ipswich, MA (Essex County)

Cozy, Inviting and Well-Established Cafe/Deli in Ipswich
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $450,000

EBITDA: N/A

FF&E: $400,000

Inventory: N/A

Real Estate: N/A

Established: N/A

Cozy, Inviting and Well-Established Cafe/Deli in Ipswich

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Business Description

Cozy, Inviting and Well-Established Cafe/Deli in Ipswich

Enjoy the freshly made from scratch gourmet sandwiches, pastries and donuts at this gem with a strong repeat local clientele, plus seasonal tourists. Come in and enjoy casual atmosphere, plentiful portions, and most importantly, fantastic fare. Located beside the town boat launch/wharf, this casual cafe/deli with provisions, beer & wine, has been in business for over 100 years! One-bedroom apartment on the 2nd floor generates an income of $975 month.

PARKING: Lots of parking available
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: Real Estate is available for purchase
BASE RENT: To be negotiated if RE is not purchased
CONCEPT: Cafe/Deli with provisions, Beer & Wine
SEATING: 8 persons (can be expanded)
SIZE: 2,000 square feet plus one bedroom apartment on 2nd floor
HOURS: Open from 7:00 AM – 2:30PM
LICENSES: Beer & Wine License
SALES: $450K in 2018
ASKING PRICE: $150K For the Business. $550K for Business & Real Estate

Detailed Information

Location:
Ipswich, MA
Real Estate:
Owned
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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