Cafe Restaurant
Location Tennessee,United States
Asking Price Range < $250K
Gross Revenues $130800
Net Profit / Cash Flow $28308
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description Nice cafe located in, TN with 1800 square feet of space and a seating capacity within the cafe of 70. There is also the potential to have 80 seats outside the cafe by placing tables and chairs outside. Cafe is located in a free standing building with a 40 car parking lot, and a 48 acre property directly across the street where the building and development of thriving commercial complex is planned. This is a fantastic opportunity for the price, and is priced to sell quickly - $49K. Has to be seen to be appreciated. Enormous potential. The cafe has been open for only one month. Owner is selling for health reasons. The gross revenue is based on a year's projection, and can only increase substantially when 1) hours of operation are expanded - currently open from 9AM to 3PM, NOT OPEN ON WEEKENDS; and 2) tables and chairs are placed outside the cafe. The owner has not increased the currently seating capacity because, due to his health. As he explained, he doesn't want the stress that an extremely busy cafe might create.
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