Business for sale in Cordón, Montevideo
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Business transfer

Thriving Café and Restaurant Business for Sale - Cordón

Cordón, Montevideo, Uruguay

USD 75.000

Features

Type
Business transfer
Bathrooms
4
Total area
380 m²
Covered area
380 m²
Year
1921
Age
105 years
Orientation
East
Condition
Excellent
Garage
1

Description

Investment opportunity in the heart of Cordón.

The operating business of a well-known specialty coffee shop is for sale, with more than 2 and a half years of successful trading. The business is strategically located in an area with high foot traffic from young people and university students, close to educational institutions and a varied nightlife scene.

THE PREMISES:

  • Space and Versatility. A total area of almost 380 m².
  • Main Area: Spacious dining room with tables and chairs for customers and a carefully considered interior design.
  • Event/Workshop Room: Private room ideal for cultural gatherings, workshops and private events, providing an additional line of business with afternoon refreshments included.
  • Production Area: Basement equipped with a food preparation area and professional kitchen, allowing for efficient operations with room to scale.

BUSINESS STRENGTHS:

  • Online Community: Large following of genuine Instagram users and a high level of engagement, ensuring a steady flow of new customers.
  • Food and Drink Offering highly rated by customers.
  • Competitive Rent: Current lease with two and a half years remaining at a monthly rent of $60.000, significantly below the area average for premises of this size.
  • Financial Performance and Profitability: Well-established operation with defined processes and trained staff.
  • Strong Revenue, with excellent profitability.
  • Equipment: Machinery, furniture and tableware are included according to the inventory, valued at more than USD 35.000.

Investment Payback Period: Estimated at 20 to 21 months, representing a highly competitive annual rate of return for the sector.

Reason for Sale: Lack of time to devote to managing the business.

Detailed information and financial statements will be provided following an in-person interview.

Amenities

  • Garage
  • Furnished