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Beautiful Profitable Cafe – Great Cary Location

Beautiful Profitable Cafe – Great Cary Location

Business for Sale

Cary, NC

Price: $ 399,000
Space Size: 2,100 SF
Monthly Rent: $ 8,000

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Description:

Business Description

This is a rare opportunity to acquire an established and beautifully managed smaller Cafe with food offerings of a European flair, Coffees, Teas and Gelato, in one of Cary’s nicest upscale shopping centers. Huge outdoor seating area with VERY busy upscale Grocery anchor, and array of boutiques and shops surround this making it a very desirable location for walking traffic and shoppers. Business was established about 10 years ago, current owners have had it for 5 years.

This 2,100ft2 Cafe is just the right size to manage without being too large. Rent is approx. $8,000/mo and there are total of 10 years remaining on existing lease. This store is increasing sales and currently doing approx. $680K per year with an operating profit of $110K/year for part-time operator who spends minimal time in the store. Staffing is 4 FT and 16 PT.

Confidential listing – call or email broker for more information.


Detailed Information

Location:
Cary, NC
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
3/1/2028
Employees:
20
Support & Training:
Seller will offer reasonable training time.
Reason for Selling:
Other business interests

Additional Information:

County: Wake
Year Established: 2006
Number of Employees: 20
Lease End Date: March 1, 2028