(IN LOI) Cafe/Deli/Coffee Shop with 3 PRIME Locations in Philadelphia, PA. Pre-Qualified for SBA Loan!!

Price: $600,000

Location: Philadelphia, PA

Industry: Food and Restaurants

Listing ID: 01062021

This Business is currently in LOI and not available for any new Buyers.

Organic and farm-fresh café and coffee shop with 3 PRIME locations in Philadelphia offering locally-sourced and sustainable foods for breakfast, lunch, dinner and catering. Everything is made fresh and in-house from their signature salads and gourmet paninis to their soups and deli style sandwich’s. They also offer premium coffees and smoothies as well as vegan, vegetarian and gluten free options.

 

The cafe has excellent branding and name recognition (of which is a registered trademark ®), fully functioning website, time tested recipes and extremely loyal customers in and around the area.

 

3 PRIME locations – each location sits in an 1800 sq. foot space with ample foot traffic in front to draw in customers. The locations range from being situated in an upscale residency near City Hall, in a medical center where they are the only cafe in the building, and another location near the river. All FFE is included in the purchase price (approx. $50k of equipment) as well as all inventories (approx. $15k)

 

They currently have 1,100+ Facebook followers and an Instagram account of close to 1,000 followers. This business can be scaled to greater revenue & profit levels with a new owner that can take it to the next level!

Pre-Qualified for SBA Loan with 10% down.

Owner has relocated to Florida – is motivated to sell.

ASK $600K

Revenue $2M

EBITDA: $311K

Listing Details

Gross Revenue: $2,000,000

EBITDA: $311,000

FFE: $50,000 (Included in Price)

Inventory: $15,000 (Included in Price)

Reason For Sale:

Seller moved out of state

Training & Support:

Will provide

Operation

Year Established: 2014