Business Summary:
Breakfast-Lunch only Monday-Friday: a quick self-service cafe serving a busy industrial park and surrounding residential areas in Fort Worth, Texas. The location is spotless, has a strong reputation and will benefit from marketing and delivery to increase sales and profits. The business is a self-serve caf with well-documented procedures and recipes. The business is designed for speedy service of all customers and has MANY growth opportunities. EXCELLENT books and records. $240k price: $80k down and $160k seller-financing to a qualified buyer for 5 yrs @ 6% (~$3173/month) or $185K ALL CASH. Price includes inventory at cost of $1,500 and FFE (Furniture, Fixtures and Equipment) valued at $50,000
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| Year
Business was Established: 2004 |
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| Number of Employees:
2FT |
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| Facilities / Terms of Lease:
The ~2000 SF corner space is on an intersection in a busy industrial park. The monthly lease is ~$1,696.87 incl NNN. The security deposit is ~$1,666.67. The 5 year lease expires approximately June 30, 2014. |
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| Potential
Growth/Expansion:
This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Continue hands-on owner operation Provide delivery service Promote Banquet room or meeting room for rent for business meetings or birthday parties after hours or weekends Add Daily Special and Soup to the existing menu Start serving dinner after 5 pm with a new dinner plate menu for delivery Adjust menu prices on some items Add lunch on Saturdays Targeted Local advertising and marketing |
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| Owner
willing to finance:
$240k price: $80k down and $160k seller-financing to a qualified buyer for 5 yrs @ 6% (~$3173/month) or $185K ALL CASH. |
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| Owner
willing to train:
The seller will provide 2 weeks training and ongoing telephone support, as mutually agreed, to ensure a seamless ownership transition. The seller has writen, detailed operating procedures. |
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| Reason for selling:
Owner has grown the biz and made a lot of money. He is starting a new venture. |
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Seller Reference Number: 19372Cafe
BusinessMart.com Listing Number: 72552 |
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on this business
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