European Cafe and Bakery
Asking Price: | $600,000 |
EBITDA: | $780,000 |
Established Year: | 2021 |
Rent: | $6,800/Month |
FF&E: | $100,000 |
Cute European cafe in the heart of Adams Morgan in Washington, DC. The cafe gets tons of foot traffic and has great social media presence! Lease is assured for 10 years at an affordable rate! The Cafe has a full kitchen, newly maintained and serviced equipment, full staff, and active contracts with all vendors that can be transferred as desired. SBA loan may also be transferred. Owner willing to stay on a defined amount for a smooth transition.
*Willing to negotiate for a cash offer
*All equipment has been recently serviced
*High foot traffic area
*Currently open 6 days a week 8am-4pm
*Growth opportunity for catering and special events!
*Great online rating!
*Capacity holds 46 people
*Newly installed, ADA compliant patio that can add 12 additional tables to the space
*Niche and unique menu items
*Current owner wants to focus on their other businesses.
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