Premier Neighborhood Cafe

Rockford, IL (Winnebago County)

Unique Menu of Local Favorites
Contact Seller

Asking Price: $149,000

Cash Flow: $77,000

Gross Revenue: $456,000

EBITDA: N/A

FF&E: $75,000

Inventory: $2,000

Rent: $2,070 /Month

Established: 1999

Premier Neighborhood Cafe

Save Print Share Valuation Report

Business Description

Profitalbe Main Street Cafe

BUSINESS DESCRIPTION

Premier Neighborhood Cafe serving unforgettable American fare in a cozy yet simply decorated interior. Featuring mimosas and a wide variety menu of favorites.

Serving breakfast and lunch only! Owner operated with great staff in place.

Charming atmosphere that brings patrons back again and again.

Build on the current menu concept or add your own.

Prime location tucked into a neighborhood setting. Drive or walk to your destination.

Detailed Information

Location:
Rockford, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,950
Lease Expiration:
11/30/2019
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space $2,070 per month gross. Current lease expires November 2019, renewable.Seating 60+/- Inside seating only. Easy door step parking, ample space. Hours of operation: Tuesday - Friday 7:00-2:00, Saturday 7:00-1:30, Sunday 8:00-1:30. Asking Price includes; fixtures, equipment, inventory & supplies and trade name.
Competition:
Centrally located within the city. Repeat customers. Go-to spot for breakfast. Local favorite for many years. Creative Menu with known iconic favorites. Quality ingredients featuring local favorites. Many say it's the best breakfast in town. Small cozy interior with a unique decor of local artists.
Growth & Expansion:
New owner can expand hours past 2:00 p.m. and include dinner with appetizers and happy hour. Limited liquor license of beer and wine. Many consider this a real gem and favorite to many locals.
Support & Training:
Owner will stay on and provide a training and transition to new owners. Solid systems in place. Easily teachable to a new owner/operator. POS System - "TOAST".
Reason for Selling:
After 20 years in business, owners to slow down
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

William P. Satterlee

Business Listed By:
Bill Satterlee

Satterlee & Associates Inc.

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1666170 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Naturals2Go

Franchise Opportunity
Cash Required: 45000