Business Description

Exciting opportunity to acquire a thriving coffee and cocktail bar in a prime location with a long 15-year lease in a historic building. The current owner, a doctor residing outside the area, is seeking a buyer with a strong personal financial background (net worth of $500k+) due to the landlord's requirements and the transfer of an existing EIDL loan. The business is currently absentee-run, offering a potential annual profit of $100k for absentee ownership or $167-200k for hands-on management. This turnkey establishment presents a unique chance to step into a well-established business with growth potential, thanks to its strategic location and loyal customer base. The existing management in place allows for a smooth transition for new ownership, whether they choose to remain absentee or get involved in the day-to-day operations. With the landlord's approval and the necessary financial qualifications, the successful buyer can take over this lucrative venture and capitalize on its profitability. Prospective buyers with a solid personal financial background and entrepreneurial spirit can