Listing ID:
4110-00406
Listing Type:
Exclusive Right of Sale
Price:
$995,000
Down Payment:
$116,000
Category:
Restaurants
Subcategory:
Cafe Type Eatery
County:
Orange
State/Prov:
Florida
Country:
United States
Sales:
$1,669,486
SDE:
$403,998
A well-established cafe in the Central Florida area, celebrated for its breakfast and lunch offerings, is on the market. Since its inception in the early '90s, this eatery has cemented itself as a community favorite, recognized for its unique culinary creations and customer-centric innovations and receiving recognition such as “Best Breakfast Spot” in Orlando and was inducted into the Orlando Magazine’s ‘Dining Hall of Fame’.
Since acquisition by the current ownership in 2014, the cafe has seen a remarkable increase in revenue, with figures rising from $500k to $1.5m+ in less than a decade. The business occupies an 1,800-square-foot space with ample indoor and outdoor seating, providing a variety of services including dine-in, take-out, catering, and delivery.
The business is set up for continuity with a well-staffed and dedicated team, and a long-term lease is in place with a cooperative Landlord. s has earned multiple accolades for its quality dining experience. It also doubles as a cultural hub, showcasing local artwork and fostering a strong sense of community. The opportunity presents a profitable venture for any prospective buyer looking to uphold and grow a legacy of culinary distinction and community engagement without the immediate need for operational changes.
Books are very organized and clean. 'Other' is amortization in the recast. Y24 financials reflect through April.
Location:
Central Florida
Organization Type:
Incorporated
Hours of Operation:
Monday - Saturday, 630a - 230p | Sunday, 8a - 2p
Years Established:
31
Years Owned:
10
Employees FT:
8
Employees PT:
12
Managers:
2
Amount of Hours Owner Works:
40
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
Yes
May Qualify for a Visa:
Yes
Other:
$0
Leasehold Improvements:
$25,000 Not Included
FF+E:
$55,000 Included
Inventory:
$4,000 Included
Total Assets Included:
$59,000
Monthly Rent:
$6,200
Expiration Date:
2032-04-30
Square Footage:
1800
Terms and Options:
Negotiable
Building Type:
Building
Reason for Sale:
Retirement
Training and Support:
Seller will assist new owner with a 2 week acclimation period at no cost.
Non Compete:
Seller will sign a 3 year non-compete agreement within a five mile radius of the business.
Owner Qualifications:
Restaurant Mgmt + Business Mgmt Experience
Financing Summary:
The business is prequalified with an SBA lender. A term of 10 years and a down payment of $116,000 at approximately $13,568 per month. A buyer who wishes to use an SBA Lender will also need to be prequalified.
Listing ID: 4110-00406
Listing Type: Exclusive Right of Sale
Price: $995,000
Down Payment: $116,000
Category: Restaurants
Subcategory: Cafe Type Eatery
County: Orange
State/Prov: Florida
Country: United States
Sales: $1,669,486
SDE: $403,998
A well-established cafe in the Central Florida area, celebrated for its breakfast and lunch offerings, is on the market. Since its inception in the early '90s, this eatery has cemented itself as a community favorite, recognized for its unique culinary creations and customer-centric innovations and receiving recognition such as “Best Breakfast Spot” in Orlando and was inducted into the Orlando Magazine’s ‘Dining Hall of Fame’.
Since acquisition by the current ownership in 2014, the cafe has seen a remarkable increase in revenue, with figures rising from $500k to $1.5m+ in less than a decade. The business occupies an 1,800-square-foot space with ample indoor and outdoor seating, providing a variety of services including dine-in, take-out, catering, and delivery.
The business is set up for continuity with a well-staffed and dedicated team, and a long-term lease is in place with a cooperative Landlord. s has earned multiple accolades for its quality dining experience. It also doubles as a cultural hub, showcasing local artwork and fostering a strong sense of community. The opportunity presents a profitable venture for any prospective buyer looking to uphold and grow a legacy of culinary distinction and community engagement without the immediate need for operational changes.
Books are very organized and clean. 'Other' is amortization in the recast. Y24 financials reflect through April.
Location: Central Florida
Organization Type: Incorporated
Hours of Operation: Monday - Saturday, 630a - 230p | Sunday, 8a - 2p
Years Established: 31
Years Owned: 10
Employees FT: 8
Employees PT: 12
Managers: 2
Amount of Hours Owner Works: 40
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: Yes
May Qualify for a Visa: Yes
GROSS SALES: $556,495
– Costs of Goods Sold: $151,968
= Gross Profit: $404,527
– Total Expenses: $302,693
= Net Before Taxes: $101,834
ADD BACKS
+ Owner(s) Salary: $32,692
+ Benefits: $140
+ Interest Expense: $0
+ Depreciation: $0
+ Other $0: $0
TOTAL OWNER BENEFIT: $134,666
GROSS SALES: $1,587,012
– Costs of Goods Sold: $440,908
= Gross Profit: $1,146,104
– Total Expenses: $924,436
= Net Before Taxes: $221,668
ADD BACKS
+ Owner(s) Salary: $98,077
+ Benefits: $1,683
+ Interest Expense: $0
+ Depreciation: $3,572
+ Other $0: $21,441
TOTAL OWNER BENEFIT: $346,441
GROSS SALES: $1,471,922
– Costs of Goods Sold: $487,448
= Gross Profit: $984,474
– Total Expenses: $877,520
= Net Before Taxes: $106,954
ADD BACKS
+ Owner(s) Salary: $100,092
+ Benefits: $12,859
+ Interest Expense: $0
+ Depreciation: $10,584
+ Other $0: $21,441
TOTAL OWNER BENEFIT: $251,930
Inventory: $4,000 Included
FF+E: $55,000 Included
Leasehold Improvements: $25,000 Not Included
Other: $0
Total Assets Included: $59,000
Monthly Rent: $6,200
Expiration Date: 2032-04-30
Square Footage: 1800
Terms and Options: Negotiable
Building Type: Building
Reason for Sale: Retirement
Training and Support: Seller will assist new owner with a 2 week acclimation period at no cost.
Non Compete: Seller will sign a 3 year non-compete agreement within a five mile radius of the business.
Owner Qualifications: Restaurant Mgmt + Business Mgmt Experience
Financing Summary: The business is prequalified with an SBA lender. A term of 10 years and a down payment of $116,000 at approximately $13,568 per month. A buyer who wishes to use an SBA Lender will also need to be prequalified.