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$30,000 For Sale

349 Main Street
Hyannis, MA 02601


1,400 sq ft

Business: Comm Bus Opp
Property Photo
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Description

Established in 2013, The Green Lotus Cafe is a destination for those seeking a “Healthy Choice” for breakfast or lunch. This is the Cape’s leader in gluten-free and plant-based cuisine. It is the only exclusively vegan and vegetarian restaurant in Hyannis…and on Cape Cod. The concept could be changed to feature another type of food service. This nicely designed and attractive eatery, located in a prime spot on busy Main Street, provides an attractive, comfortable and quintessential Cape Cod setting for customers to enjoy their meals. During the busier summer months the business is operated by a staff of five including a manager and four other employees who function as servers and also assist with food preparation The owner does not work the business. A new owner who works the business will accrue considerable savings over current expenses. Current operating hours are 8am to 4pm, Monday through Saturday. The site contains about 1,400 square feet which includes space in the basement for an ice machine, refrigeration, freezer and dry storage. Rent is about $2900 per month which includes the base rent plus the CAM charges. The lease goes through March, 2020. The business has an attractive website (www.greenlotuscafe.com) as well as a Facebook account. The business is fully equipped, operational and is the definition of “turn-key”. The business, including all equipment, physical assets, rights to the lease, location, signage and furnishings, fixtures and other leasehold improvements are included in the sale, as is the trade name and all proprietary marketing and promotional materials. Also included are social media accounts. The owner will provide 30 days orientation and training and be available on a reasonable basis to answer questions and provide advice for three months. The asking price for this turnkey business is $30,000 plus the wholesale cost of inventory as negotiated. The Seller may offer some financing for a qualified Buyer.

Features

  • Cost of Goods: 39%
  • Curb Appeal: Excellent
  • Equipment: Up to Date
  • Longevity: 6 years
  • POS System: In Place
  • Reputation: Excellent
  • Seller Financing: Yes
  • Signage: Attractive
  • Site/Location: Excellent
  • Social Media: Yes
  • Tourist Friendly: Very
  • Training: Yes
  • Turn Key: Yes
  • Website: Yes
  • Work Force: Yes
  • Year-Round Clientele: Yes
  • Sub Type: Comm Bus Opp

Jim Vaccaro
Jim Vaccaro

Cape Cod Business Brokers
Mashpee, MA 02649

508-477-6053
Contact Me

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Jim Vaccaro | 508-477-6053 | Contact Us 
22 Steeple Street, PO Box 400 - Mashpee, MA 02649
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