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The Copper Kettle — corner café and bakery

Listing ID #100002

Restaurants & Cafés

Forty-cover café with its own bakery, trading seven days on a busy corner site.

Asking
$185,000
Revenue/yr
$520,000
Profit/yr
$96,000
Staff
9
Age
9 years

About this business

A café that bakes everything it sells, on a corner unit with two frontages and a small terrace. Forty covers inside, sixteen out, and a wholesale line supplying four local coffee shops that accounts for about a fifth of takings.

The lease runs to 2031 with a tenant-only break in 2028. Rent is under 8% of turnover, which is what makes the numbers work.

The head baker has been there six years and starts at four each morning; the owner covers front of house and admin.

Business details

Financials

Asking price
$185,000
Annual revenue
$520,000
Monthly revenue
Not disclosed
Annual profit
$96,000
Monthly profit
Not disclosed

Audience

Staff
9

The business

Age
9 years
Established
February 2016
Industry
Food and drink
Country
United States
Location
Asheville, North Carolina

Why it is being sold

The owners are relocating to be near family.

What's included

All kitchen and bakery equipment, the wholesale accounts, recipes, and the fit-out.

Growth opportunities

Evenings are unused entirely. The wholesale line has never been advertised.

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Profit/mo
$667
Asking
Not disclosed
Revenue/mo
Not disclosed
Revenue/yr
Not disclosed
Direct from owner
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