| Asking Price |
$220,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$280,918 | Real Estate |
|
| Cash Flow |
$80,000 | Year Established | 1997 |
| FF&E |
$100,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
The cafe is welcoming, low key but attentive to customers' needs. Activity is constant at the neighboring businesses on this busy thoroughfare and the cafe is a haven. Fresh baked goods are produced daily in a new commercial kitchen. Sandwich and salad offerings are well-prepared and delicious. Espresso and coffee drinks provide 40% of the sales, pastries 20% and other food 40%. The cafe feels good and provides a good base for a new owner to start from.
Facilities: This welcoming coffee shop/cafe has 2000 square feet on the ground floor of a fully-occupied office building five blocks from the Santa Fe Plaza. A busy Kinko's is next door. A 700 square foot patio faces a large parking lot. The interior was completely remodeled a year ago, adding a commercial baking kitchen and streamlining the food service counter. A new 10-year lease is in place.
Competition: The cafe is in close proximity to ten other eating establishments on one of Santa Fe's major shopping streets. It is five blocks from the Plaza, five blocks in another direction from the rapidly growing Railyard district, three blocks from the new Santa Fe Civic Center -- due for completion in September 2008. The cafe is easily accessible by car and by foot. The menu offerings are tempting and the cafe delivers on the promise. Pastries are made on premise.
Support/Training: Seller will be happy to train the buyer, show him or her the ins and outs of the operation.
Reason Selling: Personal reasons require the owner to sell.

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