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French Cafe And Patisserie For Sale

Location  New Mexico,United States
Asking Price Range  < $250K
Gross Revenues  $520000
Net Profit / Cash Flow  $300000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2010
Number of Employees  10 - 19
Inventory  80000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Owner desires to relocate back to France for retirement.
Description  This is a family owned and operated French Cafe that has built a very good reputation among high end clientele. The owner is a very well known and highly respected French pastry chef here in the artsy town of Santa Fe. The Cafe makes nothing but the finest French pastries and breads in town, and everything is made from scratch and fresh every single day, the real French way. The quality way. Also, the gourmet food offered for breakfast and for lunch is unmatched by competitors. The menu consists of gourmet french cuisine that is all made from scratch on the premises. Many of the signature dishes will be found nowhere else in town, due to the creativity of the owners wife, a very skilled and experienced chef, making the cafe truly unique, and loved by the clientele. In 2011, the highest respected food critic magazine in town gave the cafe a rating of 3.5 out of 4, which is higher than any of the competitors, and that alone brought in a stampede of clientele. There was even talk that the magazine was seriously contemplating giving a rating of 4. So There is much room for growth with this type of cafe. Its amazing food and pastries, elegant ambience of France, as well as the friendly helpful staff, are appreciated so much that customers are drawn weekly from surrounding cities up to an hour away. The Cafe is a Perfect candidate for a second location with a reputation to precede it if the owners wished to do so. It is in a growing section of the city and is very strategically located near the intersection of the main street of town and the only highway. A convenient location, very easy to access. The Owner is wanting to relocate back to France for retirement, hence the interest in selling the business. Asking price is $250k for an established turn key operation with a very high clientele and reputation. If you are interested in buying an established business with a highly respected reputation, please give me a phone call, the owners are open to discussion. 505-570-106
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