Last Revised: 9/13/19. Posting #: 256118
Key Words: cafe, sacramento
Financial Info: Price: $160,000. Down: Call. Adjusted Net: $59,142. Annual Revenues: $340,977. Total Rent $5,349/month. Rent includes all of the utilities except phone & internet service.
Profile: This sweet little Cafe offers a great opportunity to be your own boss and still work a five-day week with hours that end in mid-afternoon. This is a 2-person operation so an owner or couple can manage the cafe, probably with the help of a 1-2 part-time employees for lunch and delivery business. The cafe is currently run by 2 full-time owners without any employees.
This cafe benefits from its location in a medical building on the campus of a major hospital.
The building is home to doctors' offices and medical labs so there are a lot of customers from the staff and there is daily foot traffic to the building. Employees from the hospital also like to visit this cafe because of its tasty menu and healthy portions.
The cafe menu primarily consists of espresso/coffee drinks, smoothies, bagels, fresh baked goods, and generously portioned signature hot and cold deli sandwiches. The kitchen also has the capacity to do simple egg & toast plates for the breakfast which are popular with customers. The kitchen has a Type 2 hood and convection ovens, a walk-In and other equipment needed to produce a simple menu.
The space is approximately 2,600 sq. ft. with Total Rent $5,349/month. Rent includes all of the utilities except phone & internet service.
The business did $340K Net Sales and is profitable with last years Net of $52,910, in addition to one owner on salary at $42,120. The adjusted Net for 1 full-time working owner is $59,142.
The owners have enjoyed building up the business but some recent changes in family obligations means the time has come to sell after many years in this location. The business is profitable as it is run now, but the next owner could grow the revenue by increasing the simple catering orders and offering delivery to the nearby doctors that can't get away.
Interested? Please fill out our Confidentiality Agreement/NDA form to get started. Once we receive your Confidentiality Agreement, we will send you information with the address and other details.
This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.
We look forward to talking with you about this exciting opportunity!
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
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Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
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