Profitable cafe right next to the University

Ogden, UT (Weber County) (Relocatable)

Classic and Yummy!!
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Asking Price: $67,000

Cash Flow: $31,000

Gross Revenue: $83,000

EBITDA: N/A

FF&E: $18,000

Inventory: $1,500

Rent: $1,030 /Month

Established: 2006

Profitable cafe right next to the University

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Business Description

Profitable Ogden Cafe only open 36 hours a week!!!

Profitable Cafe for sale. Live the dream of being your own boss! Only open for Breakfast and lunch with a great location right across from Weber State University! It doesn't get better than this. Strong earnings and limited hours ideal for retiree or someone ready to re-enter the workplace. Perfect time to take over before the busy college season.

-Turnkey Operation-ready to hit the ground running
-Fantastic Location
-Lease Information: $1030 per month (what a bargain!)
-Lease expires 02/2021, Great Landlords easy to work with
-Opportunities for expanded catering & hosting special events. Currently closed on Monday's and could expand hours after 2:30.
-N0 marketing is currently being done
-Seating for 32 inside and lovely outdoor seating as well.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
12/31/2021
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Regular customer base with great reviews overall. Right across from University so most of the business is from the students. Occasional catering jobs from the school and local office (with proper marketing this is a huge expansion possibility.)
Growth & Expansion:
-Only open 34 hours a week so opportunity to expand business hours -Owners considered making a small satellite location for just coffees/cupcakes or a food truck for the evenings. -12 years in business in the same location. The landlord has been informed and he is very supportive and easy to deal with.
Support & Training:
Will provide reasonable training at no cost to you.
Reason for Selling:
Time to retire!!
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Kaila Briscoe

Business Listed By:
Kaila Briscoe

Pinnacle Business Brokers

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