Gourmet Cafe & Retail-No Rent Under 250K Yearly Sales, Rrc#: 1249
Location: San Mateo County; East Palo Alto, California
Offered At: 69,000 (Price Reduction)
Listing Description
---------------------------------------------------------------
This Operation Is A Gourmet Cafe' Serving Unique Hot And Cold Sandwiches, Salads, Soups, Sweets And Beverages. There Is Also A Large Retail Aspect To The Business Offering Take Home Specialty Foods Which Are Beautifully Displayed On Attractive Lightly Stained Custom Wood Shelves And Cabinets. Built Into The Attractive, Modern Theme, Is A Decor Featuring Dramatic Pendant Halogen Lighting, Acid Stained Floors, Marble Counter Tops And Stainless Hardware And Counter Trim Details. A Beautiful Color Scheme, Design Accents And High Ceilings Are Relaxed And Inviting. A Distinctive Glass Barrier With Stainless Fittings Divides The Marble Service Counter From Patron Seating Features And Customer Service Area. Behind The Counter Equipment Includes A 1 Door And A 2 Door Sandwich Station, Microwave, A Panini Grill, Convection Oven, 1 Door Reach-In, Hand Sink And Blender. A Back Room Features Storage And Shelving, Ice Machine, 2 Door Reach-In, 3 Compartment Sink, And Mop Sink. A Pos System With Two Screens And Two Printers Facilitates Daily Orders And Tracking Business Costs. The Current Owners Are Absentee And A Hands On Owner Would Displace Employee Wages Increasing Cash Flow. Business Revenues Can Be Enhanced By Extending Operating Hours, Expanding The Breakfast Menu, Offering Beer And Wine, And Utilizing The Facility For Weekend Catering. Espresso Is Not Permitted. Business Name Is Not Included In Sale.
General Information
---------------------------------------------------------------
Organization: Corporation
Year Established: 2004
Current Owner: 2004
# Of Employees: Contact For Info
Seating: 20 + 20
Square Foot/Size: 900 + Outdoor Seating
Parking: Garage, Street
Lic. Required: Business
Days Open/Hours: Mon-Fri 8a-4p
Reason For Sale: Other Interests
Financial Information
---------------------------------------------------------------
Revenue: 6,200 / Month
Cash Flow: 1,875 / Month
Current Inventory: Contact For Info
Payroll: Contact For Info
Lease Information
------------------------------------------------------------------
Lease Rent: 6% Of Sales Over 250K
Lease Expiration: 12/31/2013
Yearly Adjustment: Flat
Lease Option: 5+5+5
Security Deposit: None.
|
