$450,000

Description

If you are looking for a turn-key clean franchise coffee shop/cafe restaurant in a great location in Tempe near ASU with tons of traffic and surrounding corporate tenants that specializes in desserts and coffee then look no further with only a 5% of gross franchise fee and also all franchise transfer fees included in the price. This business is currently absentee run with the owner spending less than 10 hours a week at the location. The cafe has staff in place 1 FT manager and 5 PT employees and located in Tempe. The business boasts $125,000 worth of FF&E inside an over 2000 sq.ft. suite. The lease is only $7190 with 3 years left and a 5 year option. Seller is offering seller financing terms with $350,000 Down and $100,000 for 3 years at 6.5%.