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Business for Sale Summary

Cafe for Sale in New Haven County - 33207

Business Type: other eating & drinking places,seller financing available,restaurant/ cafes/ diners
Cafe for Sale in New Haven County
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $69,000
Gross Revenues $120,000 Lease Remaining Register Free to View
Owner’s Cash Flow $24,000 Number of FT Employees Register Free to View


$69,000 Down and 30K @7% over 24 mos

Business Description

Have you ever wanted to run and own your own profitable cafe for under $100,000? Well here is your chance! This cozy, cool, newly renovated, modern cafe in New Haven County, CT is primed and ready for a new, dedicated owner! This 1,200ft2 business is completely Turn-Key! Over $100,000 worth of renovations have been put into this business. The equipment is all new, coffee machines, deli cases, merry chef, refrigeration, etc. You won't need to put another dollar into renovations. The business is ideal for an owner operator with one full-time employee. Located right on a corner in a near downtown area, there are a lot of cars driving by all the time, and free street parking allowing people to stop in easily to buy something. Nearby schools are great as they provide steady customers, teachers and students alike. A ton of residential buildings nearby too allow for a lot of potential customers. The current business has a lot of potential as well. The owners are completely absentee, and spend time only bookkeeping and buying supplies once a week. 2 Fulltime employees manage the whole store. The owners have full-time jobs so they can't be working on the business to expand. Currently the offer a limited amount of sandwiches, paninis, salads, and drinks. The owners aren't always around to listen to what the customers are looking for and provide a menu that would really be successful. There is a lot of upside. GREAT NEWS: The owners of the business are ALSO the landlords. They are looking for a new owner to work closely with them to make this coffee shop even more successful! They will offer stellar lease terms. $1,500/mo and a long-term lease to a qualified buyer. They will even offer seller financing. Kindly upgrade your vestedbb.com membership to premium to release the address of the business. Contact the broker, Boris Teodoro for more information. (877) 735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.