Business Overview

This Boutique Cafe is an Absentee Owner turn key restaurant. It is currently open for breakfast and lunch. It stands as a staple in its community. It has endured the pandemic and is currently on an upward trajectory in its gross profits. This turnkey operation is moving forward with great momentum and is ready for a restauranteur to take it to the next level.

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $300,000
  • Cash Flow: $57,479
  • Gross Revenue: $807,308
  • EBITDA: N/A
  • FF&E: $75,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:19
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

5,754 Square Feet in a Strip Center

Is Support & Training Included:

Negotiable

Purpose For Selling:

Retirement

Additional Info

The business was started in 2013, making the business 9 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell businesses. However, the genuine reason vs the one they tell you might be 2 completely different things. As an example, they might state "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competition, recent decrease in revenues, or an array of other factors. This is why it is extremely important that you not depend absolutely on a seller's word, yet instead, make use of the vendor's answer together with your general due diligence. This will repaint a much more realistic picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses take out loans so as to cover things such as supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can indicate that profit margins are too tight. Many businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that have to be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area draw in brand-new customers? Often times, operating businesses have repeat customers, which create the core of their day-to-day earnings. Certain aspects such as brand-new competitors sprouting up around the location, road building, and also staff turnover can affect repeat clients and also negatively affect future earnings. One important thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business on a regular basis, the better the chance to build a returning customer base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Just how might the local average family income influence future earnings prospects?