Downtown Breakfast & Lunch Cafe

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Brand New Listing!
Asking Price:
$180,000

Gross Revenue:
$376,616
Cash Flow:
$84,074
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,500
included in asking price

FF&E:
$36,505
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Uniquely positioned as the sole food service establishment in this upscale Cleveland office building, this business has a very steady, repeat clientele and increasing profits. The business is only open for breakfast and lunch, primarily for carry-out, Monday through Friday. This restaurant café offers the owner the ability to work regular business hours and have weekends and holidays off! Offerings include wraps, sandwiches, smoothies, soups, salads, snacks, coffees and a variety of healthy options.

About the Business

Year Established:
2010
Number of Employees:
3 FT/1 PT
Facilities:
1,700 sq ft located within an office building in downtown Cleveland, including ample refrigeration, storage and prep space.
Market Outlook/
Competition:
Though there are many places to eat in the surrounding area, this is the only food-service location within its building giving it a regular, steady clientele. It is also accessible to the public as the restaurant is on the ground floor of its building.
Growth & Expansion:
Increased advertising of existing catering services, the use of additional delivery services and development of a social media/online presence and advertising could easily spur growth of the business.
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About the Sale

Reason For Selling:
The current owner is pursuing other business ventures.
Training/Support:
Will train for 4 weeks @ $0 cost.
In addition to food, coffee and espresso products are available.
Seller Financing:
Lender pre-screened with $18k down.

Listing Info

ID:
1579543
Ad Detail Views:
0

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Business Listed by

Nadia Mullin

Murphy Business & Financial Corporation

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Sponsoring Broker:

William White
Murphy Business & Financial Corporation

U.S. Census Data for Cuyahoga County, OH
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cuyahoga County, OH
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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