Request More Information Contact the Seller
- RE: Cafe For Sale With High Foot Traffic In Prime Location!
- Contact: Not Disclosed
Quick Facts
Asking Price: | $149,900 | |
Annual Revenue: | $153,927 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $31,941 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 983628 | |
Broker Reference #: | 17700 |
Business Overview:
Take advantage of this Cafe for Sale, located in an area with excellent growth potential for an owner/operator. Surrounded by thriving businesses, this prime location guarantees a constant stream of eager customers all day long. This Cafe for Sale comes fully equipped with a 8-foot hood, grease trap, convection oven, 2-burner range with griddle and oven, espresso machine, coffee machines, blenders, sandwich units and more. This turnkey operation is ready for a new owner to step in and start running the business immediately. Why go through the hassle and cost of a buildout when you can buy an established, fully-equipped cafe for a fraction of the time and money?Situated in a prime location in Providence, this cafe for sale by We Sell Restaurants benefits from the foot traffic of nearby commercial businesses, medical buildings, and offices, making it a prime opportunity for savvy investors or entrepreneurs. The current operating hours are 7 AM to 2 PM, Monday through Friday, but with expanded hours and increased marketing efforts, the potential for growth is significant.Rent is incredibly affordable at just $1,700 per month, including CAMS, for 1,600 square feet of space. The cafe offers seating for 22 inside and 8 outside, and the cozy, well-designed interior ensures a welcoming atmosphere for guests. This cafe offers a diverse menu that caters to various tastes, including breakfast sandwiches, pizza, wraps, hot and cold sandwiches, and soups. There's also an excellent opportunity for an owner to expand catering services to further increase revenue. Priced at just $149,900, this is a rare opportunity in the thriving Providence market. While SBA lending is not available, we have lender resources that offer unsecured lending options for qualified buyers. Whether you're looking to expand your current operations or start your first restaurant, this cafe is your chance to hit the ground running without the usual buildout costs. Don't miss out on this amazing opportunity! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
8 Ft Hood & Ansul System; Undercounter Grease Trap; Two Fryerlator 2 Burner with Griddle and Oven; Steam Table; Blenders; Smallwares; Two Prep Tables; Sheet Pan Rack; Two Convection Ovens; Display Case; Two Glass Door Reach In Refrigerator Standup Freezer Stand Up Refrigerator; Work Top Two Door Cooler; Sandwich Prep Table Ice Caddy Ice Machine; Service Ware Blenders Square POS System Security Camera System Store Decor Flat Screen Tvs Neon Sign; Digital Menu Board; Coffee Dispensers; Coffee Grinders; Espresso/ Latte Machine Ice Cream Machine; 5 Tables Inside; 1 Couch Inside; 20 Seats Inside; 2 Outdoor Tables 4 Outdoor Chairs.
Market Competition and Expansion:
The cafe has strong growth potential by extending operating hours to evenings or weekends, tapping into new customer segments. Expanding into catering services or offering delivery and online ordering could significantly boost revenue. Menu innovation, such as adding seasonal items, and hosting community events or partnering with local businesses can further increase customer loyalty and broaden its appeal.Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Rhode Island businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information