Breakfast & Lunch Cafe EST 30 $$$ Maker!

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Breakfast & Lunch Cafe EST 30 $$$ Maker !
Asking Price:
$49,990

Gross Revenue:
$202,000
Cash Flow:
$56,641
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
included in asking price

FF&E:
$31,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Looking for a great opportunity that won't break the bank. This one checks all the boxes as far as price, profit and practicality. It makes sense as it has stood the test of time for 3 decades. Priced to sell quickly this one will be under contract once this listing goes live. To build something similar would be 150K starting from zero.

Important: All buyers must complete either the attached NDA or request an electronic one be sent. No information will be released including location without a signed NDA this is both the broker and seller's requirements.

About the Business

Year Established:
1989
Number of Employees:
3
Facilities:
Located in busy stip plaza with ample parking this cafe seats 75 guests. It is complete with full hood system. walk-in cooler, flat -top, 6 burner stove and much more.
Market Outlook/
Competition:
Always competitive but they have done very well over the years and still going strong.
Growth & Expansion:
No online presence or marketing has been done they simply relay on word of mouth and excellent reviews. Plenty of room to add delivery, dinner and much longer hours as they currently close at 1PM.
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About the Sale

Reason For Selling:
Seller is retiring
Training/Support:
Seller will stay on for smooth transition for up to two weeks.
Seller Financing:
Yes with 41K down seller may finance buyer over 12 months @ 6%

Listing Info

ID:
1557836
Ad Detail Views:
674

Attached Files Attachment Disclaimer

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Business Listed by

Pete Harrison

Legacy Venture Group USA, Inc.

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