| Asking Price |
$395,000 | Inventory |
$15,000** |
|---|---|---|---|
| Gross Income |
$517,148 | Real Estate |
|
| Cash Flow |
$215,930 | Year Established | 11 |
| FF&E |
$75,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
This landmark pastry, coffee, & sandwich caf is located in the center of booming downtown Sarasota. Fully remodeled with all new equipment more than 400 very loyal customers come each day to enjoy indoor & outdoor service in a vibrant urban center. Located in the center of a Billion Dollar redevelopment this caf joins Brooks Brothers, Hyde Park Steakhouse, & Sur la Table as downtown anchors. Seller to focus on his new full service restaurant - will provide complete training and long term consulting.
Facilities: This 1824 square foot downtown Gem has been completely remodeled with all new equipment and fixtures. There are offices upstairs and outside dinning.
Competition: This is the only Pastry Cafe in the area. It is a destination. This operation started as a pastry bakery and evolved into serving their customers coffee and gave them a place to sit. Over the years, they have continued to expand their service and now serve lunch. People come to sit and enjoy an urban downtown experience while feasting on mouth watering specialties.
Growth/Expansion: There is an outstanding opportunity for growth. More than 400 loyal customers spend an average of $3.50 per day. By expanding the food selections that dollar amount can be increased. Dinner is also an option as is catering. There are many directions that a new owner can bring this highly successful and well known local hotspot.
Financing: Seller will provide financing based on the qualifications of the buyer.
Support/Training: Seller will provide full training and support. Seller will enter into a long term consulting agreement.
Reason Selling: Seller wants to focus on his new full service restaurant.

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