Coffee ~ Sandwich ~ Pizza
Report Date: 4/23/2008 Office Id# 380403
Location: Minneapolis
Primary Category: Restaurant/food related
 

Financial Information
Asking: $ 100,000 Gross: $ 300,000 Cash Flow: $ N/A
Furniture, Fixtures & Equipment: $ 80,000
Inventory: $ 5,000  (not included in sale price)
Lease: $  1.00 per sq ft/mo Plus utilities and CAM
Financing: $100K down with seller terms.
 
Summary Description:

Established coffee/sandwich/pizza restaurant located on a major artery in Minneapolis. Now producing 300,000K + annually, which gives new owners a great base to start with. Excellent reputation, but needs more fine tuning to bring it to true profitability.
 
General Information:
Facilities: 2,900 - 4,900 sq ft available
Competition:

High visibility on busy street with 40,000 + vehicles per day. Adjacent light rail is spurring local development. Excellent mix of residential and commercial with low crime rate. End cap of single story building, off street parking. Space flexibility from 2900 to 4900 sq ft.
Growth & Expansion: Beer and wine: There is a beautiful adjacent room that could easily become an area for serving beer and wine along with food. This area could have other uses as well such as a meeting room, overflow room from restaurant, baking, etc.  Cooking line: With a small hood and cooking equipment, the restaurant could serve breakfasts and a wider dinner menu. Either addition would make this very viable. With the addition of both, the restaurant has the potential to become a $1,000,000+ entity.
Support / Training: 30 days for new owners.
Reason Selling: Retirement
Year Established: 2003
Employees: 6
 
Contact information:
Contact: Tony Rossato Phone: 763.972.9077 OR 763-972-9080 Fax
Email: hospitalityserv@frontiernet.net  
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