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Businesses For Sale   >>   Houston Businesses For Sale   

Startup Gourmet Coffee Venue

Location  Houston, Texas, United States
Asking Price Range  < $250K
Gross Revenues  $160800
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  4 - 5
Inventory  161000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will train
Reason for Sale  Seller's restaurant in Brazil needs his attention & he has to go back to Brazil

Description  
Very popular, owner semi-absentee gourmet coffee shop located in a major shopping center with large national anchors situated in one of the fastest growing areas in north Houston. With a beautiful, warm and welcoming decor and atmosphere, the authentic Brazilian food and amazing coffee will transport you to the streets of Rio during Carnival. Seller put in over $300K in Q1 2014 startup of business for an L2 Visa. The restaurant he also owns in Brazil needs his attention so he has to return and needs to sell this business. With full kitchen, new buyer can bring in additional menu items to serve more of a full breakfast, lunch or dinner and increase revenues or totally change concept. Currently 59% of the business is in beverages and 36% is food with 57% of revenues coming at lunchtime and 30% of the business coming in at breakfast. Almost 17,000 customers have been served with the average ticket price of $6.62. With WIFI available, many business and student customers spend time sipping lattes while working on their laptops/iPads. Please refer to CBB Listing #7853MB


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