Profitable boutique café in downtown Durango, CO

Durango, CO (La Plata County)

Seller Financing Available
Coffee Shop for Sale
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Asking Price: $79,900

Cash Flow: $38,800

Gross Revenue: $253,000

EBITDA: N/A

FF&E: $25,370

Inventory: $2,500

Rent: $1,500 /Month

Established: 2016

Profitable boutique café in downtown Durango, CO

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Business Description

Successful café located in one of Durango’s most widely acclaimed historic buildings, serving the 50+ tenants of the building in addition to locals from around the area. Specializing in gluten free baked goods, quiches, breakfast items, soups and desserts, made fresh daily in-house. The company offers locally roasted coffee including espresso drinks, chai, and teas, and serves hand crafted salads, sandwiches, and breakfast burritos. Grab-n-go service with table seating is available. The business has unlimited parking nearby, well maintained facilities, and operates Monday through Friday from 7am-5pm and Saturday from 8am-2pm. It is operated by one full time owner and 8 part time employees.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
3/31/2024
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company is located on Durango’s historic 3rd Avenue in the equally historic Smiley Building. The café occupies approximately 1100 square feet in the main entrance to the building. There are currently two prep kitchens, an upstairs and downstairs seating area totaling 800 square feet, a small storage area, and multiple bathrooms located in the building for café use. It is located in downtown Durango. There is also a paved parking area. The facility has easy access, great visibility, and is operated M-F from 7 am to 5 pm and on Saturday from 8 am to 2 pm. The Real Estate is leased, and the landlord has indicated a willingness to lease to an approved Buyer at $1500 per month. This lease includes equipment and stipulates hours of operation remain at a minimum of where they are now.
Financing:
Yes
Support & Training:
Negotiable
Reason for Selling:
Other interests
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(from currently available funds)
 
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Jennifer Sokol

Business Listed By:
Jennifer Sokol

Cole & Company, Inc.

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Sponsoring Broker:
Charlie Cole

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