Listing ID: 83756
Established Cafe with Full Liquor and clothing Boutique. Many avenues to generate sales. Charming business in an beautiful river town in Western WI.
The business has recovered from the last Covid years Great Family business opportunity.
Call James 715-577-6586, or Pete 612-963-8300
- Asking Price: $205,000
- Cash Flow: N/A
- Gross Revenue: $1,200,000
- EBITDA: N/A
- FF&E: $200,000
- Inventory: $200,000
- Inventory Included: Yes
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Restaurant and Retail
No direct competition that’s offers this range Of choices to their customers
Could expand on the Liquor sales or expand the restaurant/Cafe. Multiple revenue streams balance out earnings.
The transaction shall include inventory valued at $200,000, which is included in the listing price.
The business has 6-7 employees and resides in a building with disclosed square footage of N/A sq ft.
The building is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell operating businesses. However, the real reason and the one they say to you might be 2 completely different things. As an example, they may say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may just be excuses to attempt to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a range of other factors. This is why it is very vital that you not count completely on a vendor's word, however rather, make use of the vendor's solution along with your overall due diligence. This will paint a more practical picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses take out loans so as to cover things such as supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that earnings margins are too small. Many businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be fulfilled or might lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in new customers? Most times, companies have repeat clients, which form the core of their daily profits. Particular elements such as brand-new competition growing up around the location, roadway construction, as well as personnel turn over can affect repeat clients as well as adversely impact future revenues. One essential point to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business often, the higher the possibility to construct a returning consumer base. A last thought is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the neighborhood typical home income influence future income prospects?