* Included in Asking Price
$79,000 For Long Established Main Street Cafe With Beer & Wine License Close To Yosemite Park
Asking Price: $79,000
Location: Groveland, Tuolumne County, California
Yearly Revenue: $360,000
Yearly Cash Flow: $42,000
Monthly Rent: $2,000
Established in 2008 this long established Cafe with dining room seating for 49 and cute patio has a high reputation with both the locals and visitors. 2016 sales were in excess of $300,000 with a healthy net profit while only open 8am - 4pm. There is so much a new owner could develop including the extension into the evening hours especially during the summer months. Currently only open 5 days a week, this cafe could offer early evening dinner service and capitalize on the many Motels nearby which would feed the extra business and with it''s low overhead and rent, the cafe would greatly benefit from this dinner service. Annually, 4 million tourists visit Yosemite Park and this is a bustling town so close to the park which swells with visitors seasonally from March to November. The equipment is extensive with convection ovens, many worktops, 2 upright fridges, 2 freezers, 2 microwave ovens and an appealing refigerated service counter with commercial espresso coffee machine and refrigerated counters. The well appointed cafe seats 49 comfortably with a further 16 seats on the patio plus a large bonus basement for storage. This is a quality business for those wishing to escape the city life and enjoy good value housing while owning and operating this long established Cafe business. With monthly rent at only $2,000 and other low fixed costs this cafe business is great value at only $79,000. This is a prime example of a clean, well run, turn key business catering to the locals and many seasonal visitors. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, photo’s and financial & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
Organization: Corporation | Year Established: 1935 | Current Owner: 2008 | Employees: 7 | Seating: 49 | Square Footage: 1700 + Patio and Basement | Parking: Small parking lot and Public parking | Licenses Required: Health, Business and ABC Type 41 License | Days Open/Hours: 8am- 5pm Daily | Reason For Sale: Other Interests |
Yearly Revenues: $360,000 | Yearly Cash Flow: $42,000 |
Monthly Rent: $2,000 | Lease Expiration: 2017 | Lease Option: New Lease Negotiable | Security Deposit: 6000 |
Seller Reference #2749
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