MergerPlace

Twenty Year Healthy Food Cafe in Palm Be

Florida (Palm Beach)


  • Asking Price: $59,000
  • Gross Income: $258,819
  • Cash Flow: $67,930
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $120,000
  • Listing ID: #221693
  • Established: 2000
  • Employees: 4

Business Description

Free Rent thru Feb 2021!!! For over 20 years this cafe has provided healthy breakfast, lunch, snacks and smoothies. Owner is semi-absentee, working only 8 hours per week. The Manager and Assistant Manager have been in place for 20 years. Business hours are from 8 to 2:30 Monday to Friday. Ideal cafe if you are looking to have free time for other activities in your life. Advertised adjusted net represents owner benefit for an active owner to replace Manager. OR, continue to run semi-absentee, this is still a profitable business either way. A neighborhood favorite with many repeat clientele. Seats 20 inside with a wonderful outdoor seating area for 12. Located inside an office building with walk in entrance from the street. Nestled in a very busy office/ hotel/ commercial area. Directly across the street, construction on a huge new apartment building is almost finished. Expected to bring even more new clients! Not a franchise. Lease only $1,400 per month. Owner will train for 4 weeks. Please refer to listing 6401505862 , business broker Simon Polzer 5615081160 when you inquiry about this listing


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $59,000
Gross Revenue: $258,819
Cash Flow: $67,930
FF&E: $120,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 1400 Square Footage: 750 Building Type: Commercial Terms & Options: Expiration Date: 6/1/2025

Competition:

Non Compete : Miles: 25 Years: 5

Reason for selling:

Retiring

Support & Training:

For 4 weeks at no cost

Contact Business Seller

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Business Listed By:

Simon Polzer

Transworld Business Brokers of Central Florida