Popular Oak Cliff Cafe For Sale

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1 Location of Sandwich Shop & Coffee/Juice Bar Concept from East Coast
Asking Price:
$250,000

Gross Revenue:
$450,000
Cash Flow:
$75,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$450,000
included in asking price

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Business Description

Close to downtown current owner has 1 location that was built brand new last year. Currently run with a GM but owner operator could easily run the stores and eliminate that position ($60k) Also location does not serve alcohol which could be added with a license. Owner has a successful real estate development business does not have time to devote to grow the business. A motivated owner could step in and really make it something special. Store is built out with clean finishes and top of the line equipment and furniture in high traffic location 40,000+ cars daily. Located in areas with HUGE population growth and next to a major hospital. Easy to run for anyone with good business acumen. Great team currently in place. Restaurant background def not necessary.

About the Business

Location:
Dallas, Texas
Year Established:
2018
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,600
Rent:
$6,100.00 Per Month
Lease Expiration:
12/1/2023
Facilities:
ALL FF&E would be included in the sale. Recipes, order guides, manuals etc.
Market Outlook/
Competition:
There is some competition for coffee/juices but very little for sandwich, salads & breakfast. The concept is set up to hit all 3 day parts and operate with as little a 1 employee on a closing shift which makes it possible to keep labor at very low levels.
Growth & Expansion:
Not many cons at all. The growth of new residential development is busier than any other part of the city. Both locations are bordered by established neighborhoods and major medical hospital and adjacent medical offices. With good management both locations should see sales grow year over year along with the population.
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About the Sale

Reason For Selling:
Focus on primary business
Training/Support:
Up to 4 weeks with current management if needed
Seller Financing:
Would need 20-25% down with good credit/finanicals

Listing Info

ID:
1491728
Ad Detail Views:
172

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Business Listed by
Lou Olerio

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