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Coffee/Cafe/Wine Bar shop for sale in a town square.

Kane County, IL

Seller Financing Available

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Asking Price:$150,000
Gross Revenue:$230,000
Rent:$2,145/Month
FF&E:$43,000
Cash Flow:$60,000
Inventory:$10,000
EBITDA:$70,000
Established Year:2018
Listing ID: 2206487Listing provided by BizBuySell
BUSINESS DESCRIPTION

Retail cafe with gifts

This is a really nice cafe and wine bar that is open daily from 7:30Am till 3:00Pm accept Sunday and Mondays. This is a local staple in a town square. During the summer the town hosts motor Mondays, wine down Wednesdays, and thirsty Thursdays that serves craft beers. All events are held in the town square and along a biking trail that runs right through town that also sets up a band stage for music. If you would like to be in a small town and would like to get involved with events and local festivals and know a lot of people in town this is for you. This is an opportunity to get into a nice small business that is up and running and easy to operate with low overhead and staff.

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DETAILED INFORMATION
Location
Kane County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/07/2027
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This Cafe / Wine & Gift store is is 2350 square feet plus a half basement for storage. the store sell exclusive wines and more. The seating is 20-50 people and has specialty coffee beans and olive oils and Balsamic's and gifts as well. On the outside of the storefront their is seating on the sidewalk. This location is very well known for the locals in town and others. The Rent number includes Rent, Real-Estate taxes & Insurance.
Competition
At this location is in the middle of town and where all the events happen all year round. this is the only walk in and sit-down wine shop and caf'e with a bar seating area for soups and breakfast and lunch items.
Growth & Expansion
This location is perfect for adding more retail for sale, Food items and possibly video gaming for additional revenue. The business has a full liquor license so can host painting parties or rent out the space for private parties and serve and sell wine.
Financing
Depends on buyers credit/Experience & offer. will consider up to 20% max
Support & Training
the seller will train the buyer on all aspects of the operation for up to 2 weeks or 80 hours will go with the sale.
Reason for Selling
Career change
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Mr
Tracy A Burnidge
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Phone Number
Mr Tracy A Burnidge
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