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Established Gourmet Coffee House & Restaurant
Location New Mexico,United States
Asking Price Range < $250K
Gross Revenues $311009
Net Profit / Cash Flow $97434
Cash Flow Type EBITDA
Seller Finance No
Year Established 1995
Number of Employees 6 - 9
Inventory 7500
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Sellers willing to train
Reason for Sale Changing personal priorities
Description This is a wonderful, established, family-friendly, neighborhood, gourmet coffee house and restaurant. For 17 years it has served and been supported by an affluent, residential community with an average household income of $82,845 (2010 Census.) They are located in a neighborhood shopping mall with a strong mix of mutually reinforcing products and services, with good visibility, easy access and plenty of parking. Not only do they spoil their loyal customers with cappuccinos, lattes, chai and pastries, they also serve breakfast and lunch with a menu of grilled sandwiches, wraps, burritos, burgers, fries, soups, salads, bagels, pastries. you get the picture! Relax and eat in, or order specialty take-out. Plus, they sell in-store bulk coffees and teas, AND run a gourmet internet site offering certified organic and Fair Trade products. With 1,100 SF there is seating for 28 indoors, and room for 20 outdoors. Included are all furniture, fixtures, equipment, and $8,000 in inventory and consumable supplies. One of the items staying is a convection pastry oven. There are two entrances, ceilings are 12-14 ft. high, and the floors are stained concrete. Another nice feature is that works of local artists are showcased monthly on a rotating basis. This is a turn-key opportunity. Everything is ready for a "Hands On" owner interested in serving great food and beverages, and seeking personal and financial independence. Add your personal touch for expansion and development as you become a member of this supportive community. Attractively priced at $200,000. The annual revenue is $311,009 and annual cash flow is $97,434. Call Arnold Valerio at NAI Maestas & Ward, (505) 988-8081, or his cell at (505) 660-7648, for more information. You must see it to believe it!
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