Destination Dessert Venue

King County, WA

Seller Financing Available
Destination Dessert Venue
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Asking Price: $725,000

Cash Flow: $300,000

Gross Revenue: $2,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Destination Dessert Venue

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Business Description

Business Staged for Location Growth or to be a Franchised Business Opportunity

This business is a dessert destination and late-night eatery in the Seattle metropolitan area. The menu options and customer experience are incredibly unique creating a steady flow of joyous customers all year long. Coffee drinks, liquor, beer, wine and a spectrum of desert options round out the menu creating a single location business generating over one million dollars in annual revenue. The business currently has over 100 local and national wholesale customers with incredible room for growth if resources were allocated to marketing and sales.

The company consistently has an excellent online presence with numerous reviews across all social media platforms averaging over four stars. The tremendous growth of Seattle has created a foodie culture and this business is frequently listed as one of the “Best Desserts in Seattle”.

Both locations are beautifully built out creating a unique and memorable dining experience for customers. All production is done on site in fully equipped kitchens with capacity for more production. Wholesale operations are run out of one location. Growth potential exists as additional locations of the business could operate out of spaces between 800-1200 square keeping future rent and build out costs low. The business is also a perfect candidate to be developed into a franchise.

The owner currently works 10-20 hours a week meeting with and managing the superior staff in place. Current full-time staff include an excellent general manager. There is a total of eight other full-time employees with a manager, assistant manager, production cook and pastry chef in each location. Each location also has 10 part time employees to serve customers and provide a quality in-store experience. The company focuses on hiring intelligent and service-oriented people that take pride in their work and enjoy making other people happy.

The lead business broker for this company at IBA is Stephen Cohen. Mr. Cohen can be contacted directly at (425) 443-2322 or stephen@ibainc.com.

Detailed Information

Location:
King County, WA
Financing:
The seller will finance up to $325,000 for a qualified buyer.
Support & Training:
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
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(from currently available funds)
 
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Gregory Kovsky

Business Listed By:
Gregory Kovsky

IBA

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