Phoenix Restaurants For Sale
High Profit - 5 Day Cafe - Serves Starbucks' Coffee - Low Rent
This cafe sits in an office complex and produces about $28,000 - $30,000 a month in sales with a low, low rent of only $1,039 a month and that includes all utilities. These City Market Deli's are popular cafes producing good income and are easy to operate and perfect for a family.
Speaking of opeating, this is closed on weekends and holidays and open from 7 to 3pm on weekdays! How's that for a great job!
The menu is simple with hot and cold items. The kitchen is fully staff, so you won't be cooking. The business does catering in the area as well as delieveries in the buildings. 2/3 of the business is walk-ins to the cafe and the other 1/3 is catering as delieveries, which is where the growth is.
There is a large doublesided kitchen. One side is where the cook makes to order while the other side is a large kitchen perfect for catering large events.
The monthly net is in the $11,000+ range (Low of $9,200 to a high of $13,200), making this a steal of a business at only 1.3 times earning. Buyer must validate this information before making a decision to buy and should not rely on this information.
Current payroll is about $4,100 a month for 1.5 employees. One is the cook and the other the assembler and deliverer. The owner works the counter as well as marketing.
The seller is buying a large City Market Deli and needs the capital to purchase it. He loves these concepts so much that he selling this location after less than a year of operating it and at a great discount!
All numbers Shown are Annualized using the Owner's Profit and loss Statements from March 1, 2014 - October 31, 2014 or 8 months of financial statements.
You want the name and address of this location? Then go to SellingRestaurants dot com to get it. Listing # is 4196.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- 5 Day Cafe
- Part of a License Arrangement
- Easy to Operate and Learn
- Limited Menu w/Low Spoilage
- Nice and Clean!
- Two Full-time Employees
- Captive Audience
- Huge Catering Business Op!
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 55,269 | 137,323 | 335,734 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 24,073 | 53,462 | 121,295 |
| 2010 Persons Per Household | 2.06 | 2.26 | 2.49 |
| Median House Value | $202,251 | $177,602 | $161,389 |
| Income Per Household | $43,495 | $41,114 | $37,373 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,475 | 5,450 | 10,819 |
| 2012 Number Of Employees | 96,116 | 206,568 | 452,388 |
| 2012 Total Annual Payroll | $2,774,951,000 | $4,294,967,295 | $4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.