Premium Coffee & Pastries – Price Reduced
Location: United States -> Tennessee -> Memphis
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
Soon there will be 600 less spots to buy your gourmet cup of joe. But one uptown shop is still serving the best in the city. With increasing sales over the two years in business?this is an owner/operators dream come true. Current owners have other full time careers and unable to keep up with the growing demands on a part time basis.
Great opportunity to expand the existing coffee shop concept. How about light fare deli lunch, ice cream/gelatos, smoothies and high quality dessert items to maintain existing sales growth. Location has great built in customer base and goodwill. Let your imagination run wild to the possibilities. Full time owner/operator could reduce cost of goods and payroll expense by being on premise to control purchasing, portions, waste and other vital items to increase the bottom line.
Beautiful layout and design?owners spared no expense. Strong upscale residential and commercial development… surrounded by happening restaurants, bars and boutique shops. Very relaxed atmosphere with wireless wi-fi and small business printer/fax/copier?great for professionals, students or someone just looking to kick back with a drink and a book. Owners spent over $170000 to open?you can purchase at a fraction of the cost. Purchased all new equipment when opening and many items still under warranty.
If you have ever wanted to own your own coffee shop?why not save yourself the two years of leg work they?ve already completed for you.
Call Jeff at 901-552-4183 with The Restaurant Store or visit our website at www.restaurantstore.com. Serious buyers only, we work for our sellers to market their properties in a very confidential manner to qualified buyers. We would welcome the opportunity to meet in person to learn more about your needs and plans.
Financials
Asking Price Range: < $250K
Gross Revenues: $162,000
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $65,000
Seller Financing: No
About The Business
Year Established: 2006
Number of Employees: 4 – 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owners will provide training and support to new buyers.
