Last Revised: 9/13/19. Posting #: 249543
Key Words: ice cream, cafe, dessert, folsom, sacramento
Financial Info: Price: $88,000. Down: Call. Adjusted Net: $49,000. Annual Revenues: $179,000. Monthly Rent is below Folsom Market Rate at $2,310. Lease thru 2021 + a 5 year option.
Profile: New Asking Price: Now $88K!
Attractive Cafe and Ice Cream Dessert Shop in an outstanding location. Simple operation with a unique menu that brings in curious customers including some that come from outside the local area just to try it! The shop benefits from a high foot traffic location near other restaurants, retail shops and entertainment venues.
Occupies a space that is approximately 1,250 sq. ft. with seating for about 30. The Total Rent is below Folsom Market Rate at approx $2,310 per month! This favorable lease goes through 2021 and there is one 5-year option. The space is set up with a good sized a deli style kitchen which includes baking ovens, a prep area, espresso machine and all the equipment you need to produce a simple menu. The menu does not require complex cooking skills which makes the production easy to handle.
Profitable for a full-time working owner with 2018 Sales $179K and Net of approximately $49K. Owners have realized the desired vision for the business, but they have an opportunity in a different career field that they can't pass up, so the time has come to sell.
Would make a great business for a first-time buyer with some coffee or food industry experience, or a great business for a working owner who prefers a simple menu that doesn't require complex cooking.
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 name, street address and other details.
This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.
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: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
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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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Profile: Many business owners wonder if there is ever a perfect time to sell their business. Should you sell your business now or wait until your business is more profitable/valuable? BizBenNetwork Senior Facilitator Manager Jordan Green explores this complicated question for business owner/sellers.
Key Words: jordan green, profit, profits, profitable, selling your business, sell a business, business owner, value, valuable, business value, profitable business
Profile: BizBenNetwork Manager Jordan Green provides business buyers with tips for ensuring a smooth transition into business ownership and details ways to successfully approach topics such as training, employees, vendors, and contracts in order to keep business running smoothly after assuming ownership.
Key Words: purchase agreement, training period, training, transition, employees, buying a business, business purchase, purchasing a business, jordan green
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