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996 – Cafe Fresco – Business $159,000 and Condo Bay for $1,195,000

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This is an very nice café in a newer building in the booming community of Royal Oak. It has been built with great care and attention to detail, and the décor is modern and tasteful. Lots of plug-ins for those wishing to work in a quiet atmosphere while enjoying delicious beverages and baked goods.

YOU CAN BUY THE CONDO WHERE THE BUSINESS IS LOCATED!

Sales: Gross sales: $250,000 in 2017

Size in sq. ft. 1,800 sq. ft. on main level with large patio

No. of Seats: 60 capacity with 40 seats on patio

Number of parking stalls: First-come, first-served basis; lots of parking

Financing: Treat as clear title

Style of cuisine: Coffee shop; beverages and baked goods

Customer Demographics: Wide range of ages; business people; lots of locals who are regulars

Type of service: Counter

Hours of operation:
8 am – 8 pm Monday – Saturday

9 am – 6 pm on Sundays

Number of employees: 3 part-time plus full-time owner

Leasing information:

Rate per sq. ft. $37 per sq. ft.
C.A.M. Included
Lease Term: Vendor is the Landlord who owns the condo bay; Lease term negotiable
Deposit held by Lessor: To be negotiated


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