Business Overview

This Cafe is a staple to the neighborhood, Staff is in place. The manager is willing to stay, the owner is mostly absentee as he has many businesses. There is live entertainment at the weekends, a coffee line and it is fully equipped to handle a high volume with ample parking and seating. Option to bring full liquor. Priced to sell and includes approx. $40,000 of Inventory. This business will not last, Florida is so hot right now with home sales and business sales, if you are interested act quickly, An NDA and financial statement will be required before the name and information will be provided.

Financial

  • Asking Price: $699,000
  • Cash Flow: $388,498
  • Gross Revenue: $2,002,608
  • EBITDA: N/A
  • FF&E: $350,000
  • Inventory: $40,000
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,650
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Owner will train for 30 days. Can negotiate longer if needed.

Purpose For Selling:

Other Business Interest

Additional Info

The company was started in 2019, making the business 3 years old.
The deal does include inventory valued at $40,000, which is included in the suggested price.

The company has 10 employees and is situated in a building with disclosed square footage of 3,650 sq ft.
The property is leased by the company for $4,483.65 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell businesses. Nevertheless, the genuine reason and the one they tell you may be 2 totally different things. For instance, they might claim "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might simply be justifications to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in incomes, or a variety of various other reasons. This is why it is extremely vital that you not rely completely on a vendor's word, but instead, utilize the vendor's solution along with your total due diligence. This will paint a more sensible 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. Lots of companies borrow money with the purpose of covering points like stock, payroll, accounts payable, etc. Bear in mind that sometimes this can imply that profit margins are too thin. Numerous organisations fall under a revolving door of taking on debt 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 building where the business resides. The business may have existing contracts with suppliers that should be satisfied or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location bring in new customers? Often times, operating businesses have repeat consumers, which create the core of their day-to-day earnings. Specific aspects such as new competitors sprouting up around the area, road building, as well as personnel turn over can influence repeat consumers as well as adversely influence future earnings. One important thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the better the opportunity to construct a returning consumer base. A final thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Exactly how might the local average home earnings influence future revenue potential?