Deli & Coffee House w/ Artistic Twist Near SDSU

Location: California, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $40,000
Cash flow: Not Disclosed
Revenue: Not Disclosed
Gross Income: $110,000
Inventory: $200 - Included in the Asking Price
FF&E $10,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This unique business doubles as a coffee shop and deli, as well as a performance arts dance studio. The business, which has been operating since 2004, began as a studio and added a full deli and coffee operation to complement the studio activities. The set up is perfect for a coffee house that provides various types of entertainment such as live music, stand-up comedy, improvisation, poetry readings, and spoken-word. The facility is also set up to add an internet cafe section.

Facilities:
Strategically located near San Diego State University, the facility offers 2,500 square feet of space including 2 bathrooms and a separate storage facility. The monthly lease payment is $4,607 thru October 2007 with an additional 3 year option to renew. The sale includes all the deli and coffee equipment, as well as the studio s stereo and speaker. The business is located in a stand-alone building on the main boulevard, with several parking spaces in the back.

Financing:
Not offered

Support:
Seller will train for 2 weeks at 20 hours per week

Competition:
Competition is considered low as there are not other businesses of this type in the area.

Growth:
Many opportunities for growth exist. The deli is currently only designed to sell to dance instructors and their clients. Management has not actively engaged any aggressive marketing efforts to increase business in the deli or to bring in any alternate client base. New owners should seek to add computers or free wi-fi internet to attract students, or offer entertainment, games, a music library, magazines or books.

General Information

Reason Selling: Personal

Number of Employees: 4
Year Established: 2004