$110,000

220 3rd Avenue SE

Cedar Rapids IA, 52401

Description

Well established since 1993, recently expanded coffee shop in downtown Cedar Rapids. Annual volume of $187,000. Upside potential thru adjusting hours of operation, pricing expanded menu, catering and street patio. Owner will do 120 day transition period or become an employee for up to six months. Sale includes equipment and POS system. Inventory to be purchased by buyer at closing after inventory of the previous day. CA required to view financials and tax returns. Owner will carry back down payment of 20% based on buyer bank financing 80%.

Details

MLS#1709929
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site478

Features

Story(s)1
ZoningC-4
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Area Information
StateIA
CountyLinn
CityCedar Rapids
Zip Code52401
AreaLinn
Listing VS Median (in 52401)
Price:
$110,000
low | high
Med:
$0
On Site:
478
low | high
Med:
81
100% of Average
Listing Updated: 09/23/2020
Scott Olson LogoMLS Number: 1709929
Listing Provided By:
Scott Olson  of  SKOGMAN REALTY COMMERCIAL