Phone: 925-736-8200
Fax: 925-736-8200
jeffback@pacbell.net
348 Red Maple Drive
Danville, CA 94506
CA License # 00463307

Monterey Coffee Cafe Profitable

Restaurant Details - Please Send More Info About This Property


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DESCRIPTION
Coffee Café in Monterey California near Fisherman's Warf on heavily traveled street. Highly profitable for working owner. High social media ratings with good growth.
An extremely profitable Coffee Café is available in a well traveled location in Monterey, CA. This coffee café produced $424,359 net sales in 2018 and is up 16% in 2019. This is one of the most popular places in Monterey to enjoy Coffee and light food. They are especially known for their Acai Bowls. They are one of the highest rated places for coffee in Monterey according to social media. Yelp 483 reviews 4.5 stars Google 284 reviews 4.6 stars Facebook 313 followers 4.8 stars Acai Bowls number 1 High social media ratings are important because in a high tourist location, they are a source for new customer business that keeps the business growing. This café is located on a busy street only a few minutes drive from Fisherman's Warf. It opened in June 2016. Lease: Rent: Approximately $1,600 monthly including NNN Term: Until May 31, 2021 (Lease extension from landlord)Owner will consider financing to a qualified buyer
GENERAL
Region:
East Bay

Location:
Monterey

FINANCES
Asking Price:
325,000

Sales Volume:
465,050

Cash Flow:
131,273

Monthly Rent:
$1,600

FACILITY
Facilities:
Open area and counter

Approximate Size:
744 SF

Seating:
18 + outside seating

Lease Expiration:
2021

Lease Options:
from landlord




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J. Back & Associates   ·   Restaurant Real Estate
Phone: 925-736-8200   ·   Fax: 925-736-8200   ·   jeffback@pacbell.net
348 Red Maple Drive   ·   Danville, CA 94506
CA License # 00463307

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