Cafe And Coffee Shop For Sale in Geneva New_york

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Cafgift Shop In Geneva, New York

Location:Geneva, New York

Category:Cafe and Coffee Shop

Asking Price:$85,000

  • Sales revenue : $274,485
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $25,000
  • Inventory/Stock value : $50,000
  • Cafgift Shop In Geneva, New York
  • Cafgift Shop In Geneva, New York

Business description

A solid, local icon café/gift shop at the centerpiece of the ongoing Geneva renaissance. Gift and card shop featuring handcrafted items from regional artisans and Finger Lakes themed gifts, with a restaurant featuring a variety of beverages—anything from shakes to coffee to beer and wine—for breakfast and lunch until 5 p.m. Fabulous breakfast and lunch menus. Fine reputation. Excellent customer service.

Other Information

  • Is Business Relocatable?: N
  • Is Business Home Based?: N
  • Real Estate: 2,500 sq. ft. building. Ground floor occupancy. Large immaculate kitchen with up-to-date equipment, all in excellent condition.
  • Competition: Local competitors include regional/national stores such as Wegmans, Dunkin’ Donuts, Tim Hortons and local stores including HJ Stead, Opus and Monaco’s. However, this shop has a prime downtown location exposed to lots of foot traffic.
  • Expansion: (i) New point of sale system, (ii) Cut credit card fees 50%, (iii) Pre- and post-opening efficiencies, (iv) New food offerings, (v) Refocus on music, (vi) Working with weekly street closure of nearby Linden Street, (vii) Expanding into evening hours, (viii) Catering, (ix) Staying open for the nearby Smith Opera House events, and (x) Hosting of events and groups.
  • Years Established: 2012
  • Employees: 2 FT / 5 PT
  • Trading Hours: Mon-Sat 9-5; Sun 9-3
  • Support Training: The seller offers a minimum of 4 weeks of training to provide for a smooth transition.
  • Reason For Selling: Personal health issues
  • Lease Terms: $1,900/month lease plus $50/month towards garbage and recycling costs. Rent includes heat expenses for boiler that services whole building.
Klassen Ingalls
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