Coffee Shop/Cafe & Bakery in Philadelphia, PA!
Price: $320,000
Location: Philadelphia, PA
Industry: Food and Restaurants
Listing ID: 02152021
Parisian inspired café and bakeshop in bustling area in Philadelphia! Some of their staples include French puff pastries, made-to-order crepes, savory quiches, fresh baked croissants and grab-and-go sandwiches. Their draft lattés and cold brew iced coffee on tap are also a crowd favorite.
The bakery/coffee shop is located on a busy street making it accessible for drop-ins and passerby’s. It occupies a 1250 sq. foot leased space, plus a basement for dry storage of 450 sq ft. – truly is a turnkey business. It is being sold with all FF&E ($50k) as well as all inventories.
2021 revenue far exceeded 2019 revenue by 20%, coming back with a bang!
They currently have an Instagram account with over 3,000 followers and an average of 4.8 stars with 500 Google Reviews. This business can be scaled to greater revenue & profit levels with a new owner that can take it to the next level!
Owner is looking to explore other opportunities.
Listing Details
Gross Revenue: $550,000
EBITDA: $150,000
FFE: $60,000 (Included in Price)
Inventory: $10,000 (Included in Price)
Reason For Sale:
owner is looking to explore other opportunities
Training & Support:
will provide
Operation
Year Established: 2017