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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