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Charming a morning eatery for Sale – A Prime Opportunity

Asking Price:$389,000
Gross Revenue:$929,003
Rent:$7,636/Month
FF&E:$186,700
Cash Flow:$164,835
Inventory:$7,250
EBITDA:$143,670
Established Year:2020
Listing ID: 2254029Listing provided by BizBuySell
BUSINESS DESCRIPTION

The community values and actively champions homegrown establishments

Established four years ago, this charming mom-and-pop breakfast and lunch spot combines a heartfelt local touch with cutting-edge technology. From day one, the business has been equipped with the latest POS technology, a robust loyalty program, email marketing, and digital recipes. Located in the fastest-growing area of Collin County, the restaurant enjoys a strong and loyal customer base that values great food and exceptional service, supported by a vibrant community eager to support local businesses. This well-established operation is perfectly poised for a franchise model, offering a solid foundation for future growth. The current owner is selling the restaurant as part of their retirement plan, presenting a unique opportunity for the next entrepreneur. Additionally, this restaurant is ideal for an absentee owner or someone who prefers to work only limited hours.

DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,380
Lease Expiration
07/05/2033
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Recently renovated, this restaurant boasts an updated cooking line, a large walk-in cooler, new reach-in coolers, and a double-deck oven. The facility is fully equipped to handle increased volume and is poised for growth, requiring no additional investment to support its expansion.
Competition
Current competition is still minimal, and with the strong local community support for local businesses, new similar establishments are unlikely to affect existing volumes. In fact, the expected volume growth is projected to exceed 15% over the next five years.
Growth & Expansion
The development in the area has surged by over 25% over the past four years since the business was established. With ongoing expansion and a projected significant increase in growth over the next five years, the area offers substantial potential for further business success.
Support & Training
To ensure a smooth transition and set the new owner up for success, comprehensive training and support will be provided at the restaurant for two full weeks. This hands-on assistance will cover all aspects of operations, ensuring the new entrepreneur is well-prepared to excel.
Reason for Selling
Retirement
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