Office ID: #000976
Prime location coffee shop serving freshly made variety of egg muffins, coffee, and Boba tea in a turn-key situation is now available for acquisition. This business was established by the current owner in 2019. This fully-equipped cafe was renovated when the current owner acquired this cafe in 2019 and all equipment is in excellent condition. This coffee shop is occupied in a 910 SF space of retail strip center in Dallas next to a busy road nearby a major highway and is surrounded by numerous businesses, especially pubs, bars, and restaurants as well as densely populated residential neighborhoods. The area is well known for entertainment activities at night time ranging from pubs, restaurants, bars, live music to lounges. The majority of the customers are high-income individuals that have a large amount of disposable income from nearby affluent residential neighborhoods. Few competitors are within the immediate market area, but this business offers not only very strong product lines but also very unique products that other competitors can't replicate. Especially, their unique egg muffins with a wide variety have gained a lot of satisfactory and positive reviews from many customers on online platforms. Gross sales have been consistently growing since its inception and are currently running at $10K per month and since adding Boba drinks, new and younger customers have been stopping by. However, with its prime location and strong product line, coupled with pro-active marketing and new owner's active involvement in day to day operation could possibly bring the sales up. Currently, minimal to none marketing is in place, and proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, daily special, and 3rd party delivery services are needed to be fully utilized to achieve maximum income potential. Marketing efforts on catering service to corporate offices and headquarters, medical offices, and churches nearby can also greatly improve the sales as a catering business still remains under-served. Adding a create-your-own menu or health-conscious menu items such as vegetarian and gluten-free options to accommodate all kinds of preferences can expand the customer base to wider demographics. The next owner can either keep this concept or be more proactive in local and online marketing to create more exposure and acquire new customers from the untapped areas of the city or convert this turn-key cafe into their own concept. This business has high visibility and ease-of-access from all corners of the street, and no matter what type of restaurant this location will be converted into, the new restaurant will be fully exposed to the local customers. This unique concept coffee shop is looking for an energetic, creative entrepreneur who can take this business to the next level or somebody that could convert it into a fast-casual restaurant focusing on a late-night take out and deliveries to accommodate the demographics of the area.
This business is located in 910 SF retail strip center that is surrounded by many other retail businesses, bars and restaurants on an extremely heavy traffic area in a well-known entertainment district and nightlife. All equipment is in excellent working condition.
A potential buyer must put a lot of effort into promoting the business to expose itself to local customers by proactive marketing as it has been only open for less than a year. This business may be converted into another concept to cater to customer's needs and demands, which is late night take-out and delivery.
There are few competitors within the immediate market area, but this business offers unique products with an affordable price point and superior customer service that differentiates it from the competitors.
The owner of the business will provide the necessary training to smoothly transition into the business operation.