MergerPlace

Established Breakfast & Lunch Cafe

North Fort Worth, Texas (Tipton)


  • Asking Price: $179,000
  • Gross Income: $692,584
  • Cash Flow: $73,517
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $50,000
  • Listing ID: #212246
  • Established: 2000
  • Employees: 5FT/10PT

Business Description

Office ID: #000771

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.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Texas
Metropolitan Area: North Fort Worth
County: Tipton

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5FT/10PT

Financial Information

Asking Price: $179,000
Gross Revenue: $692,584
Cash Flow: $73,517
FF&E: $50,000
Inventory: $3,000
Seller Financing Available: No

Property Information

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.

Growth & expansion opportunities:

Some marketing is in place that has grown the business, but other proactive marketing methods need to be utilized to achieve maximum income potential.

Competition:

There is no true competitor within the immediate market area of this business.

Reason for selling:

Retirement

Support & Training:

Owner will provide necessary training during a period of up to 2 weeks for a smooth transition into the business operations.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com