Lafayette Coffee Cafe established 40 years

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DESCRIPTION
Lafayette coffee café established 40 years with same owner for past 15 years. Centrally located with loyal local customers in the upscale community of Lafayette.
Landmark coffee café located in the heart of downtown Lafayette has been established since 1980 and owned by sellers for the past 15 years. Only 2 owners since 1980. This coffee café is easily assessable with ample parking. It is approximately 1,280 SF 40 seats inside + 13 outside seating on patio. The interior area is open and airy and is enjoyed by regulars in the community. There is no on site cooking but the café serves a variety of coffee drinks, premade pastries, breakfast sandwiches, smoothies, tea, and other items. It also sells coffee beans. Open 7 days a week 6 AM- 6 PM M-F and 6 AM- 5 PM Saturday and Sunday and operated by the family ownership without employees. Lease: Term to June 30, 2024 Monthly rent including NNN: $7,363.89
GENERAL
Region:
East Bay

Location:
Lafayette

FINANCES
Asking Price:
199,000

Sales Volume:
475,000

Cash Flow:
138,000 including tips

Monthly Rent:
$7,363.89 including NNN

FACILITY
Facilities:
Counter service with espresso machine

Approximate Size:
1,280

Seating:
40 + 13 patio

Lease Expiration:
June 30, 2024

Employees:
none