Sold
Unique Bakery, Chocolates, Wines and Cafe Edit Listing
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This boutique cafe specializes in imported chocolates, fine wines, caviar and small plate selections. Customers love them and it enjoys a 4.5 star rating on Yelp, 4.6 on Google Reviews and more.
In 2018, the owner spent close to $300,000 in design, construction, furnishings and equipment costs then opened to great fan-fare. After opening in March, sales were $358,200 over the next 10 months.
In 2019, the gross sales increased 47% and ended at almost $525,000. With owner benefit adjustments, the business was profitable.
However, 2020 has not been kind to many restaurants and this business also had a drop in sales because of the Covid 19 closures. Sales were down 25% from 2019 but since the spring of 2020, sales have been trending upwards.
Listed By: Aaron Evans
Background information
Reference:
TR1018
Year established:
2018
Reason selling:
Personal Reasons
Operations
Employees:
4
Equipment:
Included in asking price $36,000
Premises
Facility:
Facilities The premise is in a fantastic location in Austin and the seller spent almost $300,000 in design and finish out costs. Includes walk in freezer, double door reach in cooler, single door reach in cooler, cold prep line, security system, expresso machine, clear merchandise cases, stainless steel tables and speed racks.
Rent and lease terms:
$7,500 per Month
Location:
Austin, TX
Opportunities
Growth:
: The concept was originally designed to be an independent franchise and easily replicated. A new owner can continue that vision and add additional Parisian brunch and lunch options. Purchasing the LLC and keeping the TABC license, permits and accounts intact is an option for a smooth and less costly transition.
Price and terms
Price:
$165,000
Training:
Seller willing to train for 30 days.