Long Time Established Coffee Shop & Bakery

Austin, TX (Travis County)

Coffee and Sweets

Asking Price:$750,000

Cash Flow:$309,000

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:$60,000

Inventory:$8,000

Established:1994

Long Time Established Coffee Shop & Bakery

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Business Description

Established and Profitable Wholesale and Retail Bakery and Coffee Bar

**************** UNDER CONTRACT ***************

This bakery and coffee shop sits nestled in the heart of very busy high end neighborhood. It is well established in a high end area of town. It serves coffee and espresso drinks freshly crafted out of coffee beans from local roasters.

The business has a pastry wholesale side that represents about 30% of the revenue and growing that segment will keep the sales growth insured.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Over 2500 sqft stand alone building at corner of two major streets with tons of daily traffic.
Competition:
Many coffee shops in area but none that make their own pastries.
Growth & Expansion:
Grow the wholesale/commercial business.
Support & Training:
Seller will work with buyer for 30 days and any thing beyond can be negotiated. There are many long term employees which seller watch to assist buyer in a very smooth transition.
Reason for Selling:
retirement

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Harold McGee

Business Listed By:
Harold McGee

Captex Advisors

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