MergerPlace

Downtown Cleveland Cafe & Coffee Shop

Cleveland, Ohio (Cuyahoga)


  • Asking Price: $135,000
  • Gross Income: $416,725
  • Cash Flow: $92,391
  • Real Estate: Not Disclosed
  • Inventory: $8,500
  • FF&E: $36,505
  • Listing ID: #211065
  • Established: 2010
  • Employees: 3 FT / 1 PT

Business Description

This Charming Downtown Cleveland Coffee Shop and Café is uniquely positioned as the sole food service establishment in an upscale, downtown Cleveland, law office building. This business is only open for breakfast and lunch, primarily for carry-out, Monday through Friday. The café offers a full menu of coffee products, drinks, breakfast items, sandwiches, wraps, hummus, salads, and convenience items. The business is frequented by all of those that work inside of the 30 plus story building and therefore the building ownership is able keep the rent reasonable for this prime location. The Café is at street level and does have customers from the surrounding buildings as well as delivery options. No nights, weekends or holidays!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio
Metropolitan Area: Cleveland
County: Cuyahoga

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 1 PT

Financial Information

Asking Price: $135,000
Gross Revenue: $416,725
Cash Flow: $92,391
FF&E: $36,505
Inventory: $8,500
Seller Financing Available: No

Property Information

Facilities:

1,700 sq ft located within an office building in downtown Cleveland, including ample refrigeration, storage and prep space.

Growth & expansion opportunities:

Increased advertising of existing catering services, the use of additional delivery services and development of a social media/online presence and advertising could easily spur growth of the business.

Competition:

Though there are many places to eat in the surrounding area, this is the only food-service location within its building giving it a regular, steady clientele. It is also accessible to the public as the restaurant is on the ground floor of its building.

Reason for selling:

The current owner is pursuing other business ventures.

Support & Training:

Will train for 4 weeks @ $0 cost. In addition to food, coffee and espresso products are available.

Contact Business Seller

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Business Listed By:

Bill White Jr

Murphy Business Brokers