Unique Opportunity - Cambridge
Asking Price: | $200,000 |
Gross Revenue: | $450,000 |
FF&E: | $200,000 |
Cash Flow: | $100,000 |
Inventory: | $5,000 |
Established Year: | 2004 |
Cambridge Gem
Business Description
KEY FACTS
• Well-Established: 25 years of successful operations from its original Cambridgeport location
• Diversified Business: Core “Retail” business supplemented by high-growth “Catering” business
• Existing Goodwill: 4.2 stars on Yelp (400+ reviews) and 4.5 stars on Google (375+ reviews)
• Niche Leader: Few other restaurants in locale and expansive reputation all over Greater Boston
THE COAST CAFE: HISTORY
Since 1999, The Coast Cafe has been an anchor in the Cambridgeport neighborhood, bringing an authentic piece of the South to the eclectic city of Cambridge, Massachusetts by way of its food, hospitality, and commitment to its local community.
Anthony Brooks (“Tony”) is the current owner and operator and has successfully grown The Coast Cafe since taking on the family business as the 2nd generation owner in 2004. After twenty incredibly rewarding years, Tony seeks a hungry, growth-minded buyer who will steward the Brooks family legacy while taking its successful brand, menu, and clientele to new heights in the Cambridge and Boston areas. For more of Tony’s story, visit www.coastsoulcafe.com.
CUISINE & MENU
The Coast Cafe’s menu consists of high-quality staples of Southern cuisine, including the Brooks’ family’s award-winning “Fried Chicken”, slow-cooked “Smoked BBQ Ribs”, and always accompanied by its mouth-watering “Cornbread Muffins”. All spice blends, methods, and recipes are proprietary to The Coast Cafe and will not be found at any other established.
This intentionally simple, straightforward has enabled:
• an unwavering focus on Quality;
• consistent, high-volume Execution across multiple channels (in-person foot traffic, Toast Tab for online pickup orders, and Uber Eats for online delivery orders); and
• operational efficiency only possible by carrying XX total menu items, all in-demand.
TRANSACTION OVERVIEW
Tony seeks to sell The Coast Cafe to the next generation of owner(s) who will build upon his family’s legacy of quality and commitment to the neighborhood, and possess the ambition and discipline to take advantage of its continued growth.
Tony is willing to entertain flexible deal structures (e.g., seller financing, equity rollover). He is also open to proposals for alternative transactions such as: bringing on an Equity Partner, bringing on a Catering Business Unit leader, or an Asset-Only sale.
TO LEARN MORE
Please contact Tony at Coastsoulcafe@gmail.com. A Confidential Information Memorandum with more info and financials is available under NDA.
BUSINESS LOCATION