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Established Gourmet Coffee House & Restaurant
Location: United States -> New Mexico -> Santa Fe
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This is a wonderful, established, family-friendly, neighborhood, gourmet coffee house and restaurant. For 17 years it has served and been supported by an affluent, residential community with an average household income of $82,845 (2010 Census.) They are located in a neighborhood shopping mall with a strong mix of mutually reinforcing products and services, with good visibility, easy access and plenty of parking. Not only do they spoil their loyal customers with cappuccinos, lattes, chai and pastries, they also serve breakfast and lunch with a menu of grilled sandwiches, wraps, burritos, burgers, fries, soups, salads, bagels, pastries… you get the picture! Relax and eat in, or order specialty take-out. Plus, they sell in-store bulk coffees and teas, AND run a gourmet internet site offering certified organic and Fair Trade products. With 1,100 SF there is seating for 28 indoors, and room for 20 outdoors. Included are all furniture, fixtures, equipment, and $8,000 in inventory and consumable supplies. One of the items staying is a convection pastry oven. There are two entrances, ceilings are 12-14 ft. high, and the floors are stained concrete. Another nice feature is that works of local artists are showcased monthly on a rotating basis. This is a turn-key opportunity. Everything is ready for a “Hands On” owner interested in serving great food and beverages, and seeking personal and financial independence. Add your personal touch for expansion and development as you become a member of this supportive community. Attractively priced at $200,000. The annual revenue is $311,009 and annual cash flow is $97,434. Call Arnold Valerio at NAI Maestas & Ward, (505) 988-8081, or his cell at (505) 660-7648, for more information. You must see it to believe it!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $311,009
Cash Flow:   $97,434
Cash Flow Type:  EBITDA
Inventory:  $7,500
Seller Financing:  No

About The Business

Year Established:  1995
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Sellers willing to train
Reason For Selling:  Changing personal priorities

Photos

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Established Gourmet Coffee House & Restaurant Photo 1 Established Gourmet Coffee House & Restaurant Photo 2 Established Gourmet Coffee House & Restaurant Photo 3




Print Listing Id: 700187196
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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 > New Mexico Businesses For Sale > New Mexico Franchises For Sale > New Mexico Business Brokers



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