Business Overview

Profitable, well-established gelato and coffee shop for sale. Locals know it for their award-winning recipes. Café menu includes lunch and dinner items. Prime location in a wonderful standalone building in expanding area and strategically located on a street with high visibility. The location opened in 2018 and is still taking off growing steadily year over year. This is NOT a franchise but could be a basis for starting one. Suitable for a E2 Visa. Contact Broker for details.

Financial

  • Asking Price: $100,000
  • Cash Flow: $29,211
  • Gross Revenue: $500,962
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

other interests

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell operating businesses. Nonetheless, the genuine factor and the one they say to you may be 2 absolutely different things. As an example, they may claim "I have too many various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competition, current reduction in earnings, or a variety of other reasons. This is why it is really essential that you not rely completely on a vendor's word, but instead, make use of the vendor's solution along with your overall due diligence. This will paint a much more reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many companies take out loans with the purpose of covering points such as stock, payroll, accounts payable, etc. Remember that sometimes this can indicate that revenue margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that must be met or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in brand-new clients? Most times, businesses have repeat clients, which create the core of their day-to-day revenues. Particular factors such as brand-new competition sprouting up around the area, road building, and also employee turnover can impact repeat customers and also adversely impact future earnings. One important point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the greater the chance to construct a returning customer base. A final idea is the general location demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Exactly how might the local mean family earnings impact future revenue potential?