Desirable Downtown SLO Cafe & Coffee Bar w/Beer & Wine-Absentee Owner

San Luis Obispo County, CA

Desirable Downtown SLO Cafe & Coffee Bar w/Beer & Wine-Absentee Owner
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Asking Price: $160,000

Cash Flow: $85,840

Gross Revenue: $783,019

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Desirable Downtown SLO Cafe & Coffee Bar w/Beer & Wine-Absentee Owner

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Business Description

Desirable Downtown SLO Cafe & Coffee Bar w/Beer & Wine-Absentee Owner-Lovely Patio-Good Income!

RRC#: 3460
Asking Price: Offered At $160,000
Location: San Luis Obispo County
Annual Revenue: $783,019
Annual Cash Flow: $85,840
Monthly Rent: $6500+ triple net $1500

Listing Description:
Beautiful Café and wine bar in highly desirable location with fantastic patio, high foot traffic, great visibility. Built in 2017, all newer equipment! Serving breakfast, lunch, dinner, desserts, coffee and fine wines. Absolutely one of the best locations in downtown San Luis Obispo. New building constructed in 2017. Beautiful high ceilings, large windows & wood floors throughout. Features newer electrical, plumbing HVAC & equipment with indoor/outdoor seating, 2 patios and ADA bathrooms. The serve salads, sandwiches, beef and chicken entrees and bowls with a focus on a fresh and healthy menu. Their coffee sales are very strong. Includes ABC type 41 beer and & wine license. Increasing revenue each month. This is an absentee owner store, manager run. Owner has other businesses and is too busy to oversee this operation. Lots of potential! Includes 8 ft hood and cook line, Rational convection stacking ovens, induction 6 burner range, refrigerated display case, Ravel POS system, security system with 8 cameras, music system and more. A off-premise commissary kitchen is available for added production.

General Information:
Organization: Contact For Info
Established: 2017
Current Owner: 2017
Employees: 10
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: $783,019
Annual Cash Flow: $85,840
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

Detailed Information

Location:
San Luis Obispo County, CA
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Teri Craft

Business Listed By:
Teri Craft

Restaurant Realty Company

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Sponsoring Broker:
Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

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