Sweet Shop / Coffee Shop

Lake City, TN (Anderson County)

Sweet Shop / Coffee Shop
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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $54,000

EBITDA: $100,000

FF&E: N/A

Inventory: N/A

Rent: $1,446 /Month

Established: 2016

Sweet Shop / Coffee Shop

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Business Description

Established sweet shop bakery that is well recognized in the community. Has been in business for 3 years and includes over $100,000 in FFE. You could add other menu offerings or convert existing space as a restaurant. Current occupancy is 49 and there is enough space to do this. Great way to start a business.They are not currently doing catering or delivery but that could be added for growth purposes.

Detailed Information

Location:
Lake City, TN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,450
Lease Expiration:
N/A
Employees:
3
Facilities:
Located in a strip mall
Competition:
Nothing like this in town
Growth & Expansion:
Add catering and delivery
Support & Training:
Will stay for a transitional period
Reason for Selling:
retiring
Franchise:
This business is an established franchise
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Jim Biehler

Business Listed By:
Jim Biehler

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Sponsoring Broker:
Rich DeLuca

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