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Moni's Cafe For Sale

Kelowna, British Columbia
Asking Price:
$98,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100,000 (CAD)
Cash Flow:
$25,000 (CAD)

Well established café in the Sunny Okanagan. Located in a busy upscale professional building and close to the waterfront. Great repeat customer base with steady walk-in. No royalties and No franchise fees. Full kitchen, 26 seats in café and 10 outside. Currently operating 4-1/2 days per week (no evenings) for 10 months of the year and is ready to be taken to the next level. Recently renovated with 30k in leasehold improvements.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

Net/net. Renewable for a further 5 year term with minimal annual increase.

Lease Rent:
$10 (CAD) per sq ft per annum
Location:

Upscale Professional Building

Premises Details:

3330 Richter Street

Size in square feet:
664

Business Operation

Expansion Potential:

Operation hours can be extended to include evenings and weekends. Product offering could be expanded to include gelato/ice cream and possible liquor licence for the sale of wine and beer. Off-site catering can also be expanded.

Reasons for selling:

Retirement.

Trading hours:

Monday to Friday

Employees:
2
Years established:
8+

Other Information

Support & training:

Owner will ensure a smooth transition with clientele and provide support and training for point of sale, recipes and procedures.

Furniture / Fixtures value:
$90,000 (CAD) - included in the asking price
Inventory / Stock value:
$2,000 (CAD) - included in the asking price
Website:
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