The Good Times Café – A great community bistro!

Chittenden County, VT

The Good Times Café – A great community bistro!
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Asking Price: $150,000

Cash Flow: $75,000

Gross Revenue: $428,000

EBITDA: N/A

FF&E: $40,000

Inventory: $3,000*

Established: N/A

*not included in asking price.

The Good Times Café – A great community bistro!

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Business Description

Hinesburg Good Times Café is great food opportunity that is community supporte

This restaurant and pizza parlor is a great opportunity for an individual or multi restaurant owner with a qualified manager. It has a history of stable revenues and profitability. The café is an important business in the community. There is a primary reliance on the local residents to patronize the restaurant. It also sources products locally as part of farm to table movement. Employees primarily come from the community. Competition is limited and is even more limited in pizza – the primary source of revenues. This turn- key opportunity comes with all the current recipes, the equipment package and an attractive lease from the sellers who also own the building.

Detailed Information

Inventory:
Not included in asking price
Employees:
1FTE 10PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The café sits on owned land and will be leased at commercially reasonable rates and terms. It occupies 1,500 Square Feet plus an outside dining area. On site parking is plentiful. The equipment includes a full working kitchen and all furniture and fixtures.
Competition:
There are 5 other local food establishments. All have a different menu. None of them feature pizza as the primary revenue source. The town continues to grow in population. The majority of the business comes from the local community and is repeat.
Growth & Expansion:
While the restaurant does very well as it is presently operated, there are new opportunities to grow the business that include: 1-Start accepting credit cards ( the café currently only takes cash and checks) 2-Sell gift certificates or develop a rewards program 3-Develop a delivery business. 4-Expand the catering 5-Develop the full meal pick up service by expanding the menu 6-Sell bake at home pizza kits 7-Expand the hours to pick up the high school lunch business
Financing:
Seller will consider up to 10% financing.
Support & Training:
Seller will train as needed and provide recipes.
Reason for Selling:
Owners have been in the business for 23 years and would like a change of lifesty
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Country Business Inc.

Business Listed By:
Administrative Manager

Country Business, Inc.

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