Well Established Cafe - Priced To Sell
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $385000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Inventory 50000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 1 Month
Reason for Sale Relocating
Description Just North of McKinney, Sherman is a growing North Texas Community that is booming!! PRICED TO SELL. Well established cafe - banquets rooms - catering - gourmet to go. Professionally decorated - nicest place and best meeting facilities in Sherman. Four separate seating rooms. Great book of business including many civic groups meeting weekly, excellent established clientele with endless growth opportunities. Turnkey operation with huge kitchen - 4 walk-ins, 3 convection ovens, 10 burner cooktop, grill, fryer, vent-a-hood and more. Full stock of equipment and small wares included seating for about 150 . Currently open for lunch and special events with first year sales of almost $400k. New owner could open for dinner - weekend brunch and open bar/liquor license without barely and additional capital. Originally priced at $195k - REDUCED to $155k with some owner financing. The NUMBERS WORK and you can be in charge of your own destiny . Monthly rent of $2,500 with almost 4,000 square feet of facility. Call today to make an appointment - this is a GREAT DEAL.
Call Brenda Donnelly at (903) 821-8295.
Click Here To Contact Seller
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