Restaurant

Restaurant

Sold

$215,000.00

  • Franchise Inn Cafe 2
  • Franchise Inn Cafe 3

Listing Number :

 6324

Status :

Sold

Price :

$215000

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Area

1900

Description

Popular multicultural and Indian café in a great location. Has been in business for two years. Has gotten great clientele since it opened. Won first place in town’s vegan dish competition. Rent $3,200 inc. NNN for 1,900 sq.ft. New lease available upon landlord approval.

Shopping center is quickly growing and possible clinic will be moving in two units down from this restaurant. Outdoor patio built and being used during Covid. All furniture inside is new and will be included in sale.

Restaurant was built out to meet beer & wine prerequisites. Second restroom was added and second exit. 20ft hood and full kitchen equipment was added with all invoices from owner. Reason for selling asset is due to medical issues from owner. Owner has had to minimize opening hours 3 months after opening due to health reasoning

 

This is an Asset sale!!!

#6324

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2018
Business Type: Restaurant/ Cafe
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6324
Date Available: 2/12/2021
Reason For Sale:
Annual Total Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 3200/m
Lease Expires:
Lease Option:
NNN: Included
 
Financing Information
Down Payment: 215000
Owner Will Carry:
Other Finance Terms:

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