Return to broker profile

Classic B'fast/Lunch Cafe in new mall for $29K?!?!?!?

Lakewood, TN (Davidson County)

Classic B'fast/Lunch Cafe in new mall for $29K?!?!?!?
Contact Seller

Asking Price: $29,000

Cash Flow: $21,000

Gross Revenue: $180,000

EBITDA: N/A

FF&E: $100,000

Inventory: $3,000

Rent: $1,995 /Month

Established: 2014

Classic B'fast/Lunch Cafe in new mall for $29K?!?!?!?

Save Print Share Valuation Report

Business Description

UNDER CONTRACT UNTIL 10.14 sorry!

REDUCED TO SUPER LOW $29K...PROFITABLE BUSINESS...ROOM TO GROW HUGE!! Assets & Build worth $100K. This is a freaking giveaway!

Currently operating as coffee/tea/breakfast & lunch only place.
Key features:
> Great corner location in rapid growth area
> Popularity growing rapidly over 5 years
> Award-Winning establishment
> Seats 20 inside...more outside (add umbrella patio tables on sidewalk wrap around)
> Fully loaded kitchen w/ 9' hood, 3 frig, double convection ovens, ice-maker, more...
> 2 TVs, great decor all around, 2 pastry cases, POS system, security system. more...
> Super LOW RENT!?!?!? $1975/mo AND go 'month to month' if desired
> 4.5 Star Rating on Yelp
> Huge opportunities to triple sales here...this business does no marketing!!!

CLICK "CONTACT SELLER" button to request details>>>>>>>>>>>>>>>>>>>>

Want to Sell Your Business? Contact Us:
TNT Business Broker / "We Sell" Team
615.838.5070

Detailed Information

Location:
Lakewood, TN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
12/31/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location is the best for miles around!! 5-year new building!! Great neighboring businesses draw steady flow of customers. Easy in and out parking. Corner location is a Bonus. Add outdoor seating here immediately :)
Competition:
No competition anywhere close. Outstanding location and curb appeal. Sidewalk wrap around corner location is ideal for expansion.
Growth & Expansion:
Triple business 3X here is easy: 1) spend $1K annually on targeted FB and Google ads. 2) open on Mondays, 3) Open for dinner (currently closed at 3pm), 4) raise prices on everything. Adding beer (new permit required) w/later opening hours could by itself be huge.
Support & Training:
Owner will stay on-board working with/training new owner/GM for 2 weeks. Available for calls for 2 months after training in store.
Reason for Selling:
Retirement.
Contact Seller

Contact the Seller

Contact Seller Loading

Tom Nilsen, MBA, Business Broker

Business Listed By:
Tom Nilsen

TNT Business Brokers / "We Sell" Team

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1641295 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


810 Billiards & Bowling

Franchise Opportunity
Cash Required: $450,000