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Businesses For Sale   >>   Banquet Businesses For Sale   

Well Established Cafe - Priced To Sell

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $385000
Net Profit / Cash Flow  $65000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  4 - 5
Inventory  50000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  1 Month
Reason for Sale  Relocating

Description  
Just North of McKinney, Sherman is a growing North Texas Community that is booming!! PRICED TO SELL. Well established cafe - banquets rooms - catering - gourmet to go. Professionally decorated - nicest place and best meeting facilities in Sherman. Four separate seating rooms. Great book of business including many civic groups meeting weekly, excellent established clientele with endless growth opportunities. Turnkey operation with huge kitchen - 4 walk-ins, 3 convection ovens, 10 burner cooktop, grill, fryer, vent-a-hood and more. Full stock of equipment and small wares included seating for about 150 . Currently open for lunch and special events with first year sales of almost $400k. New owner could open for dinner - weekend brunch and open bar/liquor license without barely and additional capital. Originally priced at $195k - REDUCED to $155k with some owner financing. The NUMBERS WORK and you can be in charge of your own destiny . Monthly rent of $2,500 with almost 4,000 square feet of facility. Call today to make an appointment - this is a GREAT DEAL. Call Brenda Donnelly at (903) 821-8295.


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