| Asking Price |
$120,000 | Inventory |
$6,000** |
|---|---|---|---|
| Gross Income |
$156,000 | Real Estate |
|
| Cash Flow |
$60,000 | Year Established | 2006 |
| FF&E |
$50,000* | Employees | 0 |
* included in the asking price
** not included in the asking price
Located in a very well established Northeast Valley area. Near many businesses, schools and a large residential area. Kitchen is small but well equipped & efficient. Large dining area has seating for 40 but room for more along with the Patio that has seating for 16. At this time it is a Medeterranean Cafe. Seller purchased the business from a relative last year & has built the business since his purchase. He & his wife operate the business alone at this time. They are planning on moving out of the country & are motivated to sell.
Facilities: 1800 sq ft. Monthly rent $2,286. Lease expires 8/10 & has a 5 year option to renew. Lease deposit is $2,000. Located in a large shopping center with plenty of parking.
Growth/Expansion: Adding a Liquor License would increase revenues.
Financing: $75,000 down; Bal @ 5 yrs; $891.05 month; 7% interest
Support/Training: Seller will train for 1 week at no salary
Reason Selling: Moving

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