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- RE: Amazing Local Cafe Ready For New Owner
- Contact: Michael Whitesel
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $156,903 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $19,505 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 3 | |
BBN Listing #: | 951910 | |
Broker Reference #: | 59071-366854 |
Business Overview:
A turnkey opportunity for a new owner. This is a lovely local cafe with an exquisite built out space welcoming to the neighborhood. Existing community support makes this a great place to step right into.
Hope started Hope’s Bake Shop in her home in 2009, and as demand for her products grew, she moved in to her first retail location at 420 NE Kelly Avenue in 2016. Continued demand for Hope’s products allowed her to move into her current location at 455 NE Burnside Road in 2019, where she continued to grow the business and expand by adding a cafe. About 2 years ago she sold off the Bakery and retained the higher earning Cafe.
Revenue has nearly doubled over last year and is poised to go higher with additional marketing.
Great pastries, breakfast and coffee in a location with character and soul in a suburban setting usually devoid of such special places.
Quality built out space with plenty of parking in suburban location.
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Reason for Selling:
leaving industryAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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