Business Summary:
Coffee bar for sale! An established coffee and dessert cafe with a high volume of sales is now available for acquisition. The company was established in 2012 and acquired by the current owners in 2013. Under their management, the business has achieved consistent sales growth year after year, except for the setback caused by the COVID-19 pandemic. The business survived, sales have recovered, and continue to grow steadily. The menu includes premium coffee, tea, wine, crepes, sandwiches, salads, and more.This cafe is located in a high-end open mall in North Dallas, attracting significant foot traffic. The charming facility spans 1,699 sq. ft. and offers ample outdoor seating. The customer base mainly consists of upper-class women, with approximately 25% falling between the ages of 18-30. There are few competitors for this cafe, but they have a different customer base. What sets this business apart is quality food and beverages, a diverse range of products not found in nearby shops, and a scenic location that entices new customers daily.A new owner can explore several approaches to propel the cafe's growth to the next level. Currently, the cafe benefits from a light social media and internet presence, hundreds of positive reviews, strong word of mouth, and high visibility. Additional social media and online marketing will help increase awareness. Improvements to the outdoor patio space for weather changes could also attract more business throughout the year. Lastly, increasing the price point for the available products can be explored to enhance profitability.The business operates under absentee ownership, with the current owners serving an upper management role. They oversee payroll, inventory, ordering, and bookkeeping while the employees handle the day-to-day operations. However, if a new owner takes an active role in the business, they can save considerably on wage expenses. To delve deeper into this exciting opportunity, kindly submit a Buyer Registration (if not already completed) along with a signed Non-Disclosure Agreement (NDA) pertaining to this listing.For more info, please call Stephen Lee at 1-866-519-2421.
|
|
|
