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Great Cafe-Restaurant for Sale in Georgetown
Georgetown, Ontario
Food & Beverage - Other Drinking & Eating | Food & Beverage - Restaurants
Asking Price $86,000 Inventory $1,000 
Revenue $144,000 Real Estate Not Disclosed 
Cash Flow Not Disclosed Year Established 2011
FF&E $50,000 Employees 3
> Glossary of Financial Terms

Great Cafe-Restaurant in Georgetown with a prime position between 2 highschools and on Highway 7, offering great visibility. Griggio Cafe has a fully equipped kitchen and bar and currently sells anything from crepes, sandwiches, soups, quesadillas, and salads to cappuccinos, americanos, lemonades, smoothies, and much more.

The location gets really busy during lunch time especially and has an established customer base with room for expansion, of course. Reason for sale is owner relocation. There are 30 seats in the cafe.

The cafe has a 21-month activity period with advertising done including flyers, yellow pages, and other internet advertising options. The rent contract will expire in 3 years but has the possibility to be extended for an extra 5 years. Included in the price are the website (www.griggiocafe.com), Facebook and Twitter accounts, and the cafe as it is. This is a great opportunity for anyone who wishes to start their own business and the location has tremendous potential. Opportunity for expansion includes rental of the basement (separate entrance) for a small lease fee and can be easily assimilated into the business.

If you have any questions or wish to make an offer, please do not hesitate to call.
Facilities and Assets: Cafe has a fully equipped kitchen (stove, fridge, sandwich prep station, dishwasher, etc.) and a bar (espresso and coffee machines and much more). It is completely furnished with tables and booths sitting approximately 30 people.

Value of furniture and appliances represents at least half of the asking price.
Market and Competition: There are a few (2-3) other cafes in town, but are generally quite far from our location therefore do not represent too much of a threat. Other restaurants and diners are close by, but most are small, offer different products (fast food, pizza, greasy pulled meat, etc.) and the market is large enough for everyone. The business has a great location (walking distance to 2 highschools, Hwy 7).
Growth and Expansion: The business can expand by renting the basement for a meagre monthly fee and include it as however the owner sees fit.
Also, the cafe currently operates from 9AM to 5PM. If business hours would be extended and a liquor license acquired, then sales would skyrocket from additional night customers.
Support/Training: Business is generally easy to learn and we will show you the ropes during the course of a day.
Reason Selling: Owner relocation. Entire family is moving.

Business listed by:
Alberto Mola
2898391259
 

AD # 102920
The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad.
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Business listed by:
Alberto Mola
2898391259
 



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