Popular Oak Cliff Cafe For Sale

Dallas, TX (Dallas County)

Seller Financing Available
Popular Oak Cliff Cafe For Sale
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Asking Price: $250,000

Cash Flow: $75,000

Gross Revenue: $450,000

EBITDA: N/A

FF&E: $450,000

Inventory: $5,000*

Rent: $6,100 /Month

Established: 2018

*not included in asking price.

Popular Oak Cliff Cafe For Sale

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Business Description

1 Location of Sandwich Shop & Coffee/Juice Bar Concept from East Coast

Close to downtown current owner has 1 location that was built brand new last year. Currently run with a GM but owner operator could easily run the stores and eliminate that position ($60k) Also location does not serve alcohol which could be added with a license. Owner has a successful real estate development business does not have time to devote to grow the business. A motivated owner could step in and really make it something special. Store is built out with clean finishes and top of the line equipment and furniture in high traffic location 40,000+ cars daily. Located in areas with HUGE population growth and next to a major hospital. Easy to run for anyone with good business acumen. Great team currently in place. Restaurant background def not necessary.

Detailed Information

Location:
Dallas, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
12/1/2023
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
ALL FF&E would be included in the sale. Recipes, order guides, manuals etc.
Competition:
There is some competition for coffee/juices but very little for sandwich, salads & breakfast. The concept is set up to hit all 3 day parts and operate with as little a 1 employee on a closing shift which makes it possible to keep labor at very low levels.
Growth & Expansion:
Not many cons at all. The growth of new residential development is busier than any other part of the city. Both locations are bordered by established neighborhoods and major medical hospital and adjacent medical offices. With good management both locations should see sales grow year over year along with the population.
Financing:
Would need 20-25% down with good credit/finanicals
Support & Training:
Up to 4 weeks with current management if needed
Reason for Selling:
Focus on primary business
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Business Listed By:
Lou Olerio

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