Reason To Sell
Moving Back To USA
An Established Franchised Cafe SINCE 2010 for immediate Sale in Central Area.Located in a business complex next to a hotel and serviced apartments.We have a steady traffic of corporate,tourist and expat residents.Business is well established & hotel within walking distance of Cafe with private residential locations nearby
Annual Sales of over $500K with higher potential
Asking $249K as owner needs to relocate quick due to commitments back in USA,Plus Security Deposits And Food Inventory approx 10K
Average monthly Net profit Approx 17K
ROI in approx 12 to 18 mths
Lease till Aug 2014 (Renewable)
includes liquor license..
RENT IS UNDER 7K WITH ALL TAXES INCLUDED COMPARED TO MUCH HIGHER IN CITY AREA.CALL FOR DETAILS.
Established with a good track record,profitable & no debt.
Biz can be run with minimal supervision.
Owner does not need to be in full time.
Products sold don't necessary need a chef unlike some restaurants.
Already Running,just take over and start making money as biz is already established.
I have priced it attractively to facilitate a quick sale
Plse note that i would like to sell this biz fast as i have to return back to USA ASAP.I have reduced the price & would like serious Enquiries Only.
Pls call Mike @ 98267736
This business currently runs on auto pilot as it has a manager and supporting staff.The buyer does not have to be full time in this biz.
Supporting and Training:
1 Local, 3 Foreigners, 2 Part Time
Every Two years-Renewable
Cafe is located in central Area with a good mix of business,residential,tourists and new walk in everyday.Operates 7 days.Easy to manage and established for 3 plus years with regular clients.
Business has very little competition for the type of products it carries.
All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.
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