Popular Growing Lunchtime Cafe / Market Opportunity

www.GlobalBX.com

Listing ID: 700341674

Listing Title: Popular Growing Lunchtime Cafe / Market Opportunity

Quick Link: http://www.globalbx.com/listing.asp?bId=341674

Industry: Food and Beverage

Industry Segment: Catering Services

Country: United States

State / Province: Texas

Area

City: Allen

Asking Price Range: $500K - $1.0M

Gross Revenues: $974,983

Cash Flow: $259,329

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 10 - 19

Business Description:
Murphy Business Sales is pleased to present to suitors who are in the ''Restaurant'' space. This family owned restaurant has a loyal, dedicated customer base with a solid reputation including being voted ''Best Neighborhood Restaurant'' in D Magazine the last four years. They provide unique and high quality items offering a home style Café setting and a Market for shopping customers looking for unique and favorable menu items to take home. It offers three solid revenue streams including: A sit-down cafe specializing in hot & cold sandwiches, oven roasted chicken & fish, fresh homemade soups and side salads. A country market shop with old fashioned casseroles, meatloaf, smoked brisket, schnitzel, sausages & bakery items (both fresh and frozen options). A catering department that offers a wide variety of ethnic cuisines from Mexican to BBQ to Steak & potato. Included in their menu items are world famous cheese dips: pimento, pecan cheddar, smoked Jack, spicy artichoke, crunchy spinach and many more unique offerings. Breakdown of products/service by Sales Volume: Sit Down Café: 50% Prepared Meals Market: 30% Outside Catering: 20% Business has over 10 employees including 6 Full Time and 4 Part time. There is an experienced Kitchen Manager that is a key employee in operations with over 8 years of experience in this role. They have had a low employee turnover with a solid, experienced staff. The business is run by a husband and wife. The husband manages the financials and scheduling. The wife monitors the day to day operations, sales and purchasing.



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