Profitable Café Mon-Fri Closes at 3 PM No Weekends!!!

Bothell, WA (Snohomish County)

Profitable Café Mon-Fri Closes at 3 PM No Weekends!!!
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Asking Price: $110,000

Cash Flow: $60,000

Gross Revenue: $213,831

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,080 /Month

Established: 2015

Profitable Café Mon-Fri Closes at 3 PM No Weekends!!!

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Business Description

Small café with pretty BIG profits especially considering closes at 3 PM every day Monday thru Friday. Closed on the weekends and holidays too. Great set up for a retired couple that wants to keep their aprons on for a while longer or any other café owner wanna be that likes to have evenings and weekends off. A small simple café that is established and turnkey with a somewhat captive customer base. Café is located in an office building so very limited competition that is close by and any other food choices that there are, are simply not convenient for the office people. About 60% of the sales here are from catering orders and it is interesting to note that these catering orders are not even being aggressively pursued. Not even a website!! So lots of room for growth if the new owner took a step or two forward in the catering world. There are lots of businesses and other office buildings in the area to cater to. The bulk of the rest of the sales comes from a healthy repeating lunch crowd. This is not a franchise so no extra fees or restrictions. You make up the menu and serve what specials you want. There is no type 1 hood but otherwise fully equipped and functional kitchen. The lease is great as is only about $2,000 a month, has lots of life left on it and even has an option to keep this lease alive for years to come. Café is about 900 square feet big, seats 15 inside and another 15 outside. Has a grassy area in front of café that is great for a picnic (box lunches) area or special events or even BBQ or smoking some meats. There is lots of parking available. If you’re a retired or semi-retired chef or like to think of yourself as one this café could be just the gold nugget for you. It’s a small simple café operation, with a captive lunch and catering customer base already set up for you. Even low labor costs as not many if any employees needed. Lots of quality of life time for you and your family and about a $60,000 annual net which is really great considering no evenings or weekend work hours. This café is already profitable but so much more money can be made if the new owner wanted to turn it up a notch or two.

Detailed Information

Location:
Bothell, WA
Real Estate:
Leased
Building SF:
901
Lease Expiration:
8/21/2019
Employees:
3
Facilities:
Base monthly lease is $1,680 and has a Triple Net monthly cost of $400. This covers water and garbage, tenant pays own electricity. Current lease expires Oct 2021 and has a 5-yr. option to renew. 901 square feet with seating for 15 inside and another 15 outside. There is no type 1 hood but otherwise fully equipped and functional kitchen. Has a grassy area in front of café that is great for a picnic (box lunches) area or special events or even BBQ or smoking some meats. There is lots of parking available.
Competition:
very limited competition
Growth & Expansion:
About 60% of the sales here are from catering orders and it is interesting to note that these catering orders are not even being aggressively pursued. Not even a website!! So lots of room for growth if the new owner took a step or two forward in the catering world. There are lots of businesses and other office buildings in the area to cater to. This café is located in an office building so very limited competition that is close by and any other food choices that there are, are simply not convenient for the office people here.
Support & Training:
2 weeks of training offered
Reason for Selling:
Owner wants to move out of the country
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(from currently available funds)
 
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David Smith

Business Listed By:
David Smith

Coldwell Banker Bain

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