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Established Cafe And Deli In Ipswich For Sale

Ipswich, Massachusetts, US
Freehold Price:
$550,000 (USD)
Lease Asking Price:
$150,000 (USD)
Sales Revenue:
$450,000 (USD)
Cash Flow:
Available on request

Enjoy the freshly made from scratch gourmet sandwiches, pastries and donuts at this gem with a strong repeat local clientele, plus seasonal tourists. Come in and enjoy casual atmosphere, plentiful portions, and most importantly, fantastic fare. Located beside the town boat launch/wharf, this casual cafe/deli with provisions, beer & wine, has been in business for over 100 years! One-bedroom apartment on the 2nd floor generates an income of $975 month.

PARKING: Lots of parking available
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: Real Estate is available for purchase
BASE RENT: To be negotiated if RE is not purchased
CONCEPT: Cafe/Deli with provisions, Beer & Wine
SEATING: 8 persons (can be expanded)
SIZE: 2,000 square feet plus one bedroom apartment on 2nd floor
HOURS: Open from 7:00 AM – 2:30PM
LICENSES: Beer & Wine License
SALES: $450K in 2018
ASKING PRICE: $150K For the Business. $550K for Business & Real Estate

Property Information

Real Estate:

Available as lease or with real property included

Other Information

Lease asking price:
$150,000 (USD)

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