Listing ID: 74788
This popular cafe & bakery that has a great patio is located close to the Strip. The business is priced to sell quickly. The seller will share with the buyer some ideas for growth. NDA and Proof of Funds are required before name and address of businesses will be provided due to the confidentiality. For a quick response to your inquiry, please contact listing agent Mounir Bousaid (RE# S.0178371; Business Broker Permit# BUSB.0006910) or Andrea Bousaid (RE# S.0176816; Business Broker Permit# BUSB.0006883) at firstname.lastname@example.org or email@example.com or call 702-321-1292
- Asking Price: $150,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2020
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,200
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
This is a leased location of 1,200 square feet with a Total monthly rent of $2,160. Lease ends 07/2026.Seller is not active with 3 FT and 4 PT employees. Hours of operation are 9am-5pm, Tuesday-Wednesday and Friday to Sunday.
3 calendar days
Not enough time to dedicate
The venture was founded in 2020, making the business 2 years old.
The company has 3 FT, 4 PT employees and is situated in a building with approx. square footage of 1,200 sq ft.
The real estate is leased by the company for $2,160 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell operating businesses. Nevertheless, the real reason and the one they say to you might be 2 entirely different things. For instance, they might say "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might simply be excuses to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in earnings, or an array of various other factors. This is why it is really important that you not rely completely on a seller's word, yet instead, utilize the vendor's solution together with your general due diligence. This will repaint a more realistic picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money so as to cover things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can mean that earnings margins are too small. Lots of organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that have to be fulfilled or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new consumers? Often times, operating businesses have repeat consumers, which form the core of their everyday revenues. Particular elements such as new competition sprouting up around the area, roadway construction, as well as personnel turn over can impact repeat clients and also negatively influence future profits. One important thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business regularly, the greater the opportunity to develop a returning customer base. A final idea is the basic location demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Just how might the local mean house earnings impact future income potential?