Tearoom For Sale
Location:
United States
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Kentucky
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Frankfort
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Kentucky - Frankfort Delightful Victorian Style Tearoom & Cafe for sale / attached landmark two-storey Gift Shop. Gift Shop est. over 31 years ago, Tearoom est. 19 years ago. Located on major highway (US 60) in State Capital with significant local & tourist business. 54 seat capacity. Venue for parties & group outings, tea parties, showers, club meetings & other group events. 24 flavors of loose leaf hot tea. Sale includes names ''Candleberry's Tearoom & Cafe'' and ''The Gift Box'', written ''signature'' recipes, cooking / serving dishes, tearoom / antique furnishings, fully equipped kitchen, electronic order / register system, gift shop inventory, website, customer email list, vendor list, and real estate (buildings and land) (Real estate is optional). Turnkey set up. Owner wants to retire. Sale can be with or without real estate. With real estate $565,000. Without real estate $220,000.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$285,000
Cash Flow:
$285,000
Cash Flow Type: EBITDA
Inventory: $315,000
Seller Financing: No
About The Business
Year Established: 1991
Number of Employees: 4 - 5
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Will train.
Reason For Selling: Wanting to retire.
Photos
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Print Listing Id: 700115666
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