Downtown Cafe Business for Sale * Central Park Cafe
This Offering is for a Downtown St Petersburg Cafe Business for sale, this is a business-only opportunity and no real estate is included except for a very attractive Lease.
The Turn-Key operation consists of 1200 sf mol of interior space with inside dining, ordering counter, full cafe kitchen, back of house prep, dish pit, ADA restroom, and a spectacular large corner sidewalk cafe of 700 sf mol. The sidewalk faces the Park with great views.
Everything conveys in this sale - buildout, fixtures, equipment, small wares, cooking utensils, furniture, outside furniture, POS, and more. Also, the name and concept convey, but of course, you may put in your own concept.
As mentioned before, the Lease is very attractive and the rent is only $2,200.00 per month.
There are several "Value-Add' items to be mentioned. There is a Beer & Wine license in place that can be better utilized. Currently, the operation is only open for breakfast and lunch, and only Monday thru Saturday, there are huge opportunities for higher revenues with longer hours and open every day.
The location is superb, being in the core of Downtown St Pete, sitting on an endcap, hard corner, the lighted intersection of 4th Street North and First Avenue North.
The Cafe is part of the ground floor retail of the historic Princess Martha Hotel built in 1925. Currently, the hotel is a high-end senior living apartment building, resulting in significant in-house customers.
Location Description: The location is stellar - located on the northwest hard corner of 1st Avenue North and 4th Street North. The address is on 1st Avenue North on the four hundred block at 401 First Avenue North.
The Site is First Ave North & 4th Street N, the address is on First Avenue North on the 400 Block at 415 First Avenue North.
First Ave North is Downtown's main East to West artery with a nearly 10,000 cars a day Traffic Count.
4th Street North is considered one of the County's most prosperous commercial corridors with an 11,000 per day Traffic Count.
The Interstate is only 2 minutes away / Tampa is only 17 minutes away / Beaches are 12 minutes away / Sunshine Skyway is only 11 minutes away.
