• Listing ID: 1237102
  • (Seller ref: CEDARIA002-N59)

Growing Iowa Coffee House Cafe And Catering Business For Sale


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Asking price:
$347,000 (Inventory / Stock included)
Sales revenue:
$695,000
Cash flow:
$61,000
Years established:
10
Employees:
Full Time: 5, Part Time: 13

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Rapidly growing coffee house and café with a catering component. This business has done quite well despite the recession, turning in annualized growth rate of 36% since 2008. Catering is just taking off and focused primarily on local businesses. Owner indicates that sales will increase 30% and Cash Flow will increase over 18% in 2011. Turnkey operation with everything needed for new ownership. Simple menu of coffee and drinks, sandwiches, wraps, salads, and is easy to learn and manage. The business has class C liquor license and has growing night-time business. Trained staff is in place and ready to go. Long-term lease in place with multiple options to renew. Great location in high-growth, high-income area with traffic count over 10,000.


Real Estate:
Lease
Premises details:
2500 sq ft, $ ON REQUEST

Reasons for selling:
Relocation
Trading hours:
Days: Mon-Sun, Hours: Mon-Sat: 6AM-10PM; Sun: 8AM-9PM
Financing available:
Downpayment Required: NEGOTIABLE
Monthly Payroll: ON REQUEST
Financing is Available

For more information about this business for sale, click the Contact Seller button.


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