Established Breakfast & Lunch Cafe in Affluent Neighborhood

Fort Worth, TX (Tarrant County)

Established Breakfast & Lunch Cafe in Affluent Neighborhood
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Asking Price: $179,000

Cash Flow: $80,279

Gross Revenue: $687,759

EBITDA: N/A

FF&E: $50,000

Inventory: $3,000

Established: 2000

Established Breakfast & Lunch Cafe in Affluent Neighborhood

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Business Description

Modern home-style Breakfast/Lunch cafe cooking casual menu items in a long established area is now available for acquisition. Established in 2000 by the previous owner and acquired in 2011 by the current owner, almost 2 decades of operation since original owner has help this breakfast & lunch cafe well established in the local area. While competition is expected for any type of restaurant, this business currently has no true competitors within the immediate market area that specializes in the same type of cuisine. Most of the customers are middle to upper-class Caucasian individuals and family by the surrounding densely populated residential neighborhoods as customers come to the area for the numerous retail businesses. Gross sales have been $680K to 700K per year that has been very consistent over the last several years of operation due to the amazing location of the business and online marketing that is done on a regular basis. Proactive marketing and owner's pro-active involvement are crucial to the further growth of this business as utilization of local marketing tactics will bring new set of customers and grow the overall sales of the business. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery services, 3rd party delivery service, weekly specials, coupons and full-time owner involvement. A potential buyer that is willing to be fully involved within the operation of the business and proactively market this business will easily make this business reach full potential. Daily Lunch specials are rotated everyday providing variety of modern home-style plates from pot roast, chicken fried steak, and fried catfish. Optimum location home-style restaurant within a high occupancy building is now available for acquisition.

Listing ID #000771
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
5FT/10PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 3,100 SF retail strip center that is anchored by a high-end nationwide retail and clothing chain in an area of heavy traffic and walking pedestrians. All equipment is in impeccable condition and in working order.
Competition:
There is no true competitor within the immediate market area of this business.
Growth & Expansion:
Some marketing is in place that has grown the business, but other proactive marketing methods need to be utilized to achieve maximum income potential.
Financing:
100% down at the time of closing or 50% cash down with SBA financing for qualified bu
Support & Training:
Owner will provide necessary training during a period of up to 2 weeks for a smooth transition into the business operations.
Reason for Selling:
Retirement
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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