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Excellent business opportunity for an owner-operator or investor. This bakery & cafe is one of a kind. It has a great location, established reputation and clientele, and is highly profitable.
It has tremendous potential for growth as it is not currently open every day and has a liquor license that is not in use. The current owner is open to various transition scenarios in order to help the buyers succeed in the long term.
Lease
The cafe is located in one of the city's trendiest neighborhoods on a high-traffic street. The space is approximately 2500 square feet with a sitting capacity for 30 guests.
The current lease expires on July 31st, 2025, and has one five-year option to renew. There should not be a problem with obtaining a longer-term lease.
There is clear potential for growth that can be divided into multifaced stages. The most immediate one would be open the cafe more days per week and stay open for longer hours. By being open two more days per week, conservatively revenue could increase by around $240,000/per year. This increase in revenue would translate in ain an additional profit of approximately. $100,000- $120,000 per year.
Also, an important tool to increase revenue is to start offering alcohol as currently the liquor license is not used.
Owner wants to retire.
Wednesday-Sunday 10am-5pm
Will train for 4 weeks @ $0 cost.
