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Business For Sale
LONG TIME CAFE WITH CATERING & DELIVERY
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Asking Price: |
$160,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Coffee, Cafe, Dessert
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Reason for Selling:
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Owner is relocating. |
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Year Established:
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1991 |
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# of Employees:
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1 Full Time, 3 Part time |
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Yearly Cash Flow:
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$70092 |
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Yearly Gross Income:
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$223126 |
Business for Sale Overview:
This cafe has been family owned and operated since 1991. It specializes in made-to-order lunches, lunch catering and delivering to the businesses in its wealthy community. It is a well-known, longstanding café with over 80% repeat customers. The restaurant went through some major renovations to give it a more “cafe” feel and look. Sales have grown immensely since the changes and continue to grow. There is huge potential for growth and expansion within the cafe by opening the cafe up for Breakfast and Dinner and expanding the delivery routes.
Property Features and Assets:
It is located in the heart of its community with exceptional show from the main road. The building is 1,200 square feet with a lease note of $1,301 per month. The lease expires in March 2009 with a 2 year option to renew.
Market Competition and Expansion:
There is some competition in the area, but nothing compares to this cafe’s homemade recipes that are made-to-order and exceptional customer service that keeps the customers coming back for more.
Business can be greatly increased with minimal expenditures. The hours and menu could easily be expanded should the new owner wish to do so.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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