Business for Sale Overview:
This shop is located on one of Tucson’s busiest Avenues. The business’ area is densely populated with businesses, schools, residences and hospitals. Open only for breakfast-lunch. Looks very nice, well decorated, a must see. The shop was established 22 years ago. Seller has always done well. One third of the shop’s total revenue comes from commercial accounts that pay within 30 days. Currently this absentee owner is not looking to expand and has not pursued other commercial accounts or inquiries for delivery of its products. Seller's Cash-Flow assumes the elimination of 2 employees by a working husband and wife or by 2 partners. Conversely, debt-service and real estate taxes have been included in the business’ expenses to derive the above Seller's Cash-Flow.
Disclosure:
This business is being marketed for sale by Michael C. Abbinante, of Abbinante & Co. Michael C. Abbinante is a licensed real estate broker in the State of Arizona.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
1,200 square feet, seats 20, rent is $3,000. However the Real Property must be sold with the business. The asking price for the real estate is $300,000. Conversely, debt-service and real estate taxes have been included in the business expenses to derive the above Seller's Cash-Flow.
Market Competition and Expansion:
There is no advertising and currently this absentee owner is not looking to expand and has not pursued other commercial accounts or inquiries for delivery of its products.
Reason for Selling:
Sale is a result of a death in the family.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.