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Well Established Cafe - Priced To Sell
Location: United States -> Texas -> Dallas/Fort Worth -> Sherman
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $385,000
Cash Flow:   $65,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  1 Month
Reason For Selling:  Relocating




Print Listing Id: 70011349
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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