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- RE: Xtra Low Lease Coffee & Lite Café
- Contact: David Smith
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $381,788 | |
Net Profit: | $50,000 | |
Cash Flow: | $50,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $18,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 5 | |
BBN Listing #: | 951281 | |
Broker Reference #: | LCB-EVE |
Business Overview:
Coffee shop lite café with an almost give away LOW monthly lease at only $1,500 a month. With this low monthly lease you will be in a position to win early every month. Seriously within the first day or so every month your monthly fixed lease costs are paid for the month. Most small businesses don’t enjoy such that thing.
This cafe comes with nice, clean, modern furniture and fixtures even the floors look high end. Have I got your attention? This cafe has about 3500 square footages for you to work with. This is plenty spacious enough to turn this into a full restaurant for you entrepreneurs with a bigger taste $$$.
There is no type 1 hood but I’m told that the hookups are already in place. So less cost for you if a type 1 hood is part of your recipe for success. This café is located on a busy street downtown near a major hospital, lots of government buildings and offices. Many new apartments just walking distance away too.
When you have a xtra low lease and a big canvas (means square footage) to work with there is so many great ideas that you can make come to reality. Like you can bring in live entertainment, singing, dancing, comedy. How about there is plenty of room for you to get deep into the catering dollars or renting out this space for private meetings, parties, receptions or other joyous occasions.
More sugar for your coffee (things for you to know) there is lots of life left on this lease. The signage and street visibility are 5 stars, there’s lots of free street parking. There also has a large private office set up for you the new owner.
This café closes at 3 PM every day so it’s safe to say there is many money that gets left outside this front door. (means missed sales). If you are looking for a café/restaurant in the Snohomish area then this XTRA LOW lease here might just be a good fit for your business plans.
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Property Features and Assets:
Monthly lease is only $1,500 per month. Lease expires in 2026 with a 5 year option. Has 3,500 square footage. High end furniture and fixtures. Fully equipped coffee shop. Has the hook ups for a type 1 hood system already in place. Boasts a big private office. Lots of free street parking. Lots of nooks and crannies, where you can be alone by yourself or with a friend. Does offer outside seating too.
Market Competition and Expansion:
This café owner is an absentee owner, an owner operator could take this up a notch or two $$$. There is a large already established customer base for you to cater to. This café closes at 3 PM everyday, so so many sales are missed out on because of the early closing hours.
There is lots of solid potential here with so many possibilities from offering live entertainment, to full on restaurant, to making big dollars in catering. When you have a big space that is well equipped with a low monthly lease there is an ocean of possibilities.
Reason for Selling:
seller wants to retireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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