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Motivated Seller! Coffee House/Cafe in Trendy District

Albuquerque, NM (Bernalillo County)

Popular Coffee Shop/Cafe
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Asking Price: $80,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,654 /Month

Established: N/A

Motivated Seller! Coffee House/Cafe in Trendy District

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Business Description

Motivated seller. Profitable coffee house--opportunity for expansion in hours and services. The owners are retiring and want to close a deal by the middle of October for personal reasons. Cash deal preferred. This is a great opportunity for a buyer to move into this business and get some excellent training from experienced restauranteurs. Because of the tightness of the timeline, there is flexibility in the price. All offers considered!
Practically turnkey opportunity to own an attractive and popular coffee house/café that serves an upscale population in a trendy area of Albuquerque. Boasting a significant number of regulars, as well as attracting tourists and locals passing through the area, the owner/operators have boosted both the revenue and the profitability since taking over the operation several years ago. Most equipment is new or revitalized, and an outdoor patio doubles seating during the 7-8 months of outdoor dining weather. Long-term well-trained staff expected to stay with the business. Take over current multi-year lease with option to renew for additional 10 years.

Detailed Information

Location:
Albuquerque, NM
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Financing:
Cash to seller
Support & Training:
Owners willing to train
Reason for Selling:
Retirement
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Barbara Kline

Business Listed By:
Barbara Kline

Absolute Investment Realty

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