996 – Cafe Fresco – Business $159,000 and Condo Bay for $1,195,000
This is a very nice café in a newer building in the booming community of Royal Oak. It has been built with great care and attention to detail, and the décor is modern and tasteful. Lots of plug-ins for those wishing to work in a quiet atmosphere while enjoying delicious beverages and baked goods.
YOU CAN BUY THE CONDO WHERE THE BUSINESS IS LOCATED!
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: $250,000 in 2017
Size in sq. ft.: 1,800 sq. ft. on main level with large patio
No. of Seats: 60 capacity with 40 seats on patio
Number of Parking Stalls: First-come, first-served basis; lots of parking
Style of cuisine: Coffee shop; beverages and baked goods
Customer Demographics: Wide range of ages; business people; lots of locals who are regulars
Type of service: Counter
Hours of Operation:
8 am – 8 pm Monday – Saturday
9 am – 6 pm on Sundays
Number of Employees: 3 part-time plus full-time owner
Rate per sq. ft.: $37 per sq. ft.
Lease Term: Vendor is the Landlord who owns the condo bay; Lease term negotiable
Deposit held by Lessor: To be Negotiated
Financing: Treat as clear title