Cafe for Sale with Low Overhead 001304
A well-established cafe with low overhead is currently available for acquisition. Since 2012, this cafe has served a variety of breakfast and lunch items that include eggs benedict, omelets, freshly grilled sandwiches, tacos, hamburgers, and salads. It is strategically located inside a government building that attracts a high volume of foot traffic and regular customers without any competitors in the immediate area. Another highlight of this location is the lack of rent; this is a rent-free operation which helps reduce overhead costs significantly. Sales have been consistently growing year after year after COVID, but this business has a strong history of consistency. The customer base is diverse, with a mix of all ages, ethnicities, income, and education. No marketing is currently in place for the business as the building consistently brings a steady flow of customer traffic. While catering services were discontinued in 2020 because of the COVID pandemic, it was previously a great source of revenue. With the right push, restarting the catering service, combined with marketing efforts to promote the business to nearby residents and office workers, could immediately help boost revenue. The current owner's daughter manages the day-to-day operations, while the owner handles all back-office-related responsibilities. This opportunity would be ideal for an owner-operator or an owner with family to help operate the business to save on wage expenses and keep overhead costs low.
Owner will provide ample training for a smooth transition.
This business is located in a 5,500 SF space inside of a government building with immense foot traffic and consistent regulars.
No competitors in the immediate area. Customers are drawn to the convenient location, quality food, and low prices this business offers.
Catering was discontinued in 2020 due to the COVID pandemic, and it previously provided a great source of revenue. Implementing catering services again will boost the revenue. These services should be promoted through marketing efforts as there is currently no marketing in place.
100% down at the time of closing or 50% Cash Down with SBA Financing for qualified buyers.