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Local Favorite - Coffee Shop Business
Location: United States -> Texas -> Harlingen
Industry: Food and Beverage > Other Food and Beverage




Business Summary

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-457476

Situated in the heart of Harlingen, TX, this coffee shop offers excellent growth opportunities. Having been established for over 10 years, this business has proven that they had developed a strong and loyal clientele base. While this business currently provides catering services, there is significant potential for growth in this area. If new ownership can position itself not only as a destination for enjoying coffee in a sit-down setting but also as a major player in catering, sales could potentially increase by 15-20%. With an equipment list worth approximately $50k and $72k in leasehold improvements, a buyer is getting a great value with the purchase of this business.

The business has an impressive reputation on Google, with nearly 300 reviews and a 4.6-star rating. It also generates significant engagement across various social media platforms, with over 7,000 followers, 6,600 likes, and receiving 444 reviews on Facebook. This establishment has firmly positioned itself as a leading local business within the community.

This semi-absentee run business requires the current owner only 10 or less hours per week to ensure inventory is accounted for and payroll is done. In 2023 the business generated $349,610 in Sales with an SDE of about 50k. The owner is seeking to sell the business to concentrate on their other ventures with her husband, which requires her to relocate and prevents her from giving this business the necessary attention. Consequently, a new owner has the opportunity to significantly boost sales by focusing more on the business. This business is ideally positioned for a new owner to elevate it to the next level.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $349,610
Cash Flow:   $50,510
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $60,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Number of Weeks Seller Will Offer Training: 2
Reason For Selling:  Wants to focus on other ventures




Print Listing Id: 700396155


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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