Description of the business for sale
The Company has been serving freshly made sandwiches, salads, wraps and breakfast items for 20 years. The Company is located inside one of the area's premier shopping centres and currently offers a breakfast and lunch menu that appeal to both men and women on their way to the office. It caters to both the shopping center visitors as well as the businesses in the area at its location in the food court. In addition to serving sandwiches and salads, the company also features made to order breakfast omelets and wraps. The Company has great food and fresh ingredients. All of which has helped to develop a loyal client following.
Growth and Expansion: THE COMPANY S STRENGTHS Fresh, made to order menu for 20 years Great location and loyal clientele The business can be expanded by creating a catering division THE COMPANY S AREAS FOR IMPROVEMENT Presently, the only advertising dollars spent to market the business are spent as part of a general shopping centre advertisement fund The current operating hours could be expanded to increase sales
Support / Training provided by seller
Financing: The owner is willing to finance with 50% down for 3-5 years at 8%
Support/Training: The owner is willing to train after the sale for a period of 2 weeks.
Reason Selling: The owner would like to retire.
Cash Flow: $42,883
Description of the facilities
Facilities: The Company's facilities, located in a shopping centre, are in good condition and consist of one level totaling approximately 545 square feet. The dining room can seat a few hundred people and is accessible by both an elevator and escalator. In addition to the shopping centre, the building is adjacent to a 31 floor office tower and features an attached parking garage, a hotel, and a movie theatre. Parking in the garage is available to vendors at a discounted price of $109.00 per month. The shopping centre also offers 24 hour security patrols.
Competition: The Company currently has no major competition. There are two other Cafe style businesses in the shopping centre; neither of which feature made to order services.