Business Sales & Acquisitions
Price
$659,000
Location
Philadelphia, Pennsylvania
Industry
Food and Restaurants
Listing ID
11082024
This company was started by two Philadelphia entrepreneurs that saw an opportunity. There was no one in Center City serving a delicious deli-style sandwich alongside a great cup of coffee in an inviting atmosphere. Today, they lease highly visible prime real estate in the Center City West neighborhood. They are the exclusive ground-floor tenant and cafe in a 470,000 SF newly constructed office tower with approximately 2,000 in office employees. The location provides great visibility, consistent foot traffic, fantastic urban and river views, community spaces and it is easily accessed from highly trafficked South Street Bridge. They occupy aprox. 1,700 sqft of ground floor / lobby space. Each cafe combines a contemporary style with a comforting, familiar touch along side the traditional characteristics of quick-casual service restaurants, including: Food / Beverage:
• A large central counter and ordering area with posted menus.
• Customers’ orders are assembled on demand and customized as requested
• They pay prior to receiving their food and they have the options to carry out or dine in
• There is limited table service and no waitstaff required, keeping labor costs streamlined
• Each location offers online ordering with curb-side pick up or carry out
• Each location offers inside and outside seating
They serve their own signature line of gourmet coffee and a full menu of coffee-house style espresso drinks. The food menu focuses on familiar favorites such as deli-style sandwiches, paninis, signature salads and sweets. Food is always freshly prepared and it’s full of healthy vegetarian, vegan, gluten free and family friendly options
Extend hours of operation • Expand Philadelphia operations by opening additional locations • Explore using delivery apps • Franchising • Implementing new industry specific tech
Price: $659,000
Location: Philadelphia, Pennsylvania
Industry: Food and Restaurants
Listing ID: 11082024
This company was started by two Philadelphia entrepreneurs that saw an opportunity. There was no one in Center City serving a delicious deli-style sandwich alongside a great cup of coffee in an inviting atmosphere. Today, they lease highly visible prime real estate in the Center City West neighborhood. They are the exclusive ground-floor tenant and cafe in a 470,000 SF newly constructed office tower with approximately 2,000 in office employees. The location provides great visibility, consistent foot traffic, fantastic urban and river views, community spaces and it is easily accessed from highly trafficked South Street Bridge. They occupy aprox. 1,700 sqft of ground floor / lobby space. Each cafe combines a contemporary style with a comforting, familiar touch along side the traditional characteristics of quick-casual service restaurants, including: Food / Beverage:
• A large central counter and ordering area with posted menus.
• Customers’ orders are assembled on demand and customized as requested
• They pay prior to receiving their food and they have the options to carry out or dine in
• There is limited table service and no waitstaff required, keeping labor costs streamlined
• Each location offers online ordering with curb-side pick up or carry out
• Each location offers inside and outside seating
They serve their own signature line of gourmet coffee and a full menu of coffee-house style espresso drinks. The food menu focuses on familiar favorites such as deli-style sandwiches, paninis, signature salads and sweets. Food is always freshly prepared and it’s full of healthy vegetarian, vegan, gluten free and family friendly options
Gross Revenue: $800,000
Cash Flow: $210,000
Inventory: $30,000
Year Established: 2018
Type of Location: Ground Floor Retail - PRIME LOCATION!!
Square Footage: 1,700 SF
Potential Growth: Extend hours of operation • Expand Philadelphia operations by opening additional locations • Explore using delivery apps • Franchising • Implementing new industry specific tech
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Price
$659,000
Location
Philadelphia, Pennsylvania
Industry
Food and Restaurants
Listing ID
11082024
This company was started by two Philadelphia entrepreneurs that saw an opportunity. There was no one in Center City serving a delicious deli-style sandwich alongside a great cup of coffee in an inviting atmosphere.
Today, they lease highly visible prime real estate in the Center City West neighborhood. They are the exclusive ground-floor tenant and cafe in a 470,000 SF newly constructed office tower with approximately 2,000 in office employees. The location provides great visibility, consistent foot traffic, fantastic urban and river views, community spaces and it is easily accessed from highly trafficked South Street Bridge. They occupy aprox. 1,700 sqft of ground floor / lobby space.
Each cafe combines a contemporary style with a comforting, familiar touch along side the traditional characteristics of quick-casual service restaurants, including:
• A large central counter and ordering area with posted menus.
• Customers’ orders are assembled on demand and customized as requested
• They pay prior to receiving their food and they have the options to carry out or dine in
• There is limited table service and no waitstaff required, keeping labor costs streamlined
• Each location offers online ordering with curb-side pick up or carry out
• Each location offers inside and outside seating
Food / Beverage:
They serve their own signature line of gourmet coffee and a full menu of coffee-house style espresso drinks. The food menu focuses on familiar favorites such as deli-style sandwiches, paninis, signature salads and sweets. Food is always freshly prepared and it’s full of healthy vegetarian, vegan, gluten free and family friendly options
Extend hours of operation • Expand Philadelphia operations by opening additional locations • Explore using delivery apps • Franchising • Implementing new industry specific tech
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
INBAR GROUP, INC.
Business Sales & Acquisitions
info@inbargroup.com
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Office: (212) 473-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street #1700
Philadelphia, PA 19102
Office: (215) 388-2334
Pennsylvania Office - Pittsburgh
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