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17573b-Tremendous Purchase Store & Cafe In Arizona For Sale

Arizona
Asking Price:
$599,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$667,000 (USD)
Cash Flow:
$140,000 (USD)

Unique retailer of high-end cookware and gourmet café located in popular metropolitan city in Arizona. The cafe offers salads, sandwiches, desserts, and specialty main dishes. For customers ready to shop before or after lunch, the storefront offers professional quality cookware, bakeware, tableware, gourmet food gifts, utensils and more! The interplay of the retail operation together with the café is a key driver of increased revenues. Having grown exponentially since its inception, the prime 4,000 sq. ft. leased facility is in excellent condition, with surrounding parking. With streamlined operations by experienced team members, company holds a track record of maintaining a strong reputation in the industry and region, while being able to stay ahead of food trends, new concepts, and changes in the types of cooking techniques and products. Marketing efforts have proven a strategic capitalization of its geographic region. The use of loyal customers, word-of-mouth referral sources, announcements and SEO are showing positive returns on investment with minimal capital infusion. Thanks to a carefully structured and implemented management organization, there are many opportunities for further company growth, owner-independent operations, profitability, and scalability. Growth opportunities exist through catering services, expanding web presence and diversifying online purchasing/e-commerce channels, as well as franchising the company’s model and practices to other restaurants nationwide. Total revenue for 2018 was $667,068 and showed SDE’s of $139,079, based on an independent valuation!

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

9:30 am - 6:00 pm Monday - Saturday

Employees:
27 Part time
Years established:
1993

Other Information

Support & training:

The owner will be available as needed for a standard transitioning period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$221,000 (USD) - included in the asking price
Inventory / Stock value:
$107,148 (USD) - included in the asking price

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