103 S Main Avenue, Fallbrook, CA 92028

$89,000

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List Price
$89,000
Price Change
▼ $10,000 1777194706
Status
ACTIVE
MLS#
NDP2602232
Year Built
1963
Lot Location
Corner Lot, Street Level
Days on Market
140
Property Type
Commercial
Property Sub Type
Business

Property Description

Business For Sale!! Elegant café available in beautiful downtown Fallbrook. A local favorite with well-established clientele for 22+ years. Specializing in soups, salads & Sandwiches. Currently only open from 11am – 3pm, 5 days a week and closed all holidays and during local festivals. There is ample opportunity for growth in revenue for motivated buyers. Very low overhead and favorable lease terms. Plenty of parking spaces & ease of access. Pride of ownership in excellent location with plenty of indoor and outdoor seating. The café is located in the distinguish Fallbrook Art Center that features work by internationally & regionally recognized artists. A must see to appreciate…. Great food & ambiance surrounded by great arts. Growth & Expansion: Many opportunities to increase revenues More days and longer hours Open for holidays Participating in the Avocado Festivals, Fall Festivals, Summer Nights and other local festivals held in the down town area Catering Collaborating with Art Gallery Events Key Features ABC Type 41 (Beer & Wine) included Established brand & Loyal Customer Base High-Traffic Location in Charming downtown Fallbrook Located in the Fallbrook Art Center that is a destination and business draw for locals and tourists Growth Potential with catering, events and extended hours Financials Asking Price $ 99,000. Inventory & Equipment included in sale Lease Terms: Terms negotiable Reason for sale: Owner is retiring Ideal Buyer: A hands on Owner/operator with hospitality and food industry experience Serious inquiries only. Proof of funds, financial disclosures and background check is required by the landlord.

Additional Information

Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$50,000
Operating Expense
36169

Listing courtesy of Listing Agent: Leo Romero (LeoRomeroRealtor@yahoo.com) from Listing Office: Sun Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.