ENGLISH TEA ROOM ~ Old World Village

Asking Price$250,000

Cash Flow
$135,700
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$320,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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ENGLISH TEA ROOM ~ Old World Village


Asking Price$250,000

Cash Flow
$135,700
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$320,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
AUTHENTIC ENGLISH TEA ROOM AND STORE -
Great clientele for both store and Tea Room - WITH A GARDEN PATIO SEATING! MADE PROFIT FOR 27 YEARS!
Senior owner looking to retire in a year or so - looking for a partner or business buyer to learn the trade and business and be able to take over as their own. Tea Room has been in OC for over 28 years and has ALWAYS made profit (full books and accountant files are available) even during COVID.
BUSINESS HAD SALES OF $360,000 IN 2022
Owner has just invested in over $70,000 in facility upgrades.
Partner MUST be financially stable, love entertaining, and like working with people and helping in kitchen and baking and catering.
WONDERFUL LOCATION and free-standing building with actual tea garden and British store.
About the Business
Years in Operation
24
Employees
6 (3 Full-time, 3 Part-time)
special parties and catering
Facilities & Assets
includes store inventory, kitchen appliances, chairs and tables, etc. LEASING NEW FACILITY - LARGER SIZE, BETTER LOCATION IN OLD WORLD VILLAGE - 10+ YEAR LEASE!
Market Outlook / Competition
We are the leading tea room in Orange County, CA - known for the quality of our food. Winner of scone baking contests - known also for our soups and stews, pasties and Shephard's Pie!
Opportunities for Growth
Marketing to women's clubs and associations is paramount. Also British, Irish and Scottish organizations very important. Retired men and women seek our services and service and unique foods.
About the Sale
Seller Motivation
husband wife are senior citizens (over 30 years in tea rooms) and will soon reti
Transition Support
offer 40% partnership with full training - then full ownership if requested
Financing Options
30%
Listing Info
ID
2417266
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Business Listed by: JOSEPH CARO

Listing ID: 2417266 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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