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Premier Neighborhood Cafe

Winnebago County, IL

Premier Neighborhood Cafe
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Asking Price: $175,000

Cash Flow: $77,000

Gross Revenue: $456,000

EBITDA: N/A

FF&E: $75,000

Inventory: $2,000

Rent: $2,070 /Month

Established: 2010

Premier Neighborhood Cafe

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Business Description

Profitalbe Main Street Cafe

BUSINESS DESCRIPTION

Premier Neighborhood Cafe serving unforgettable American fare in a cozy yet simply decorated interior. Featuring 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:
Winnebago County, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space $2,070 per month gross. Renewable Lease. Seating 60+/- Inside seating only. Easy door step parking, ample space. Hours of operation: Closes early afternoon each day. Asking Price includes; fixtures, equipment, inventory & supplies and trade name.
Competition:
Centrally located,repeat customers,g o-to spot for breakfast and lunch. 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.
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 in Place..
Reason for Selling:
After many years in business, owners to slow down
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Contact the Seller

(from currently available funds)
 
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William P. Satterlee

Business Listed By:
Bill Satterlee

Satterlee & Associates Inc.

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