Buy a Coffee Shop in North Dallas
| Asking Price: | $200,000 |
| Gross Revenue: | $221,754 |
| FF&E: | $40,000 |
| Cash Flow: | $63,423 |
| Inventory: | $8,000 |
| Established Year: | 2022 |
Buy a coffee shop! An independent coffee shop in North Dallas offering the best local Texan products with a relaxing atmosphere and friendly park is now available for acquisition! This business was founded by the current owners in 2022 in a prime North Dallas suburb location. Their passion for quality fare combined with the desire to create a friendly atmosphere where customers could hangout with friends, family, and pets inspired them to open this shop. From scouting a perfect location to curating a local selection of beers and other products, the owners strategically considered every decision with excellent results. The business quickly became popular and sales doubled the following year after opening and continues to grow. The diverse menu features local coffee and ice tea, shakes, signature ice cream creations, shaved ice, popcorn, mini donuts, beer, and wine. Customers enjoy the local variety in food and drink selection, and there is plenty of opportunity for creative expansion.
The business enjoys a prime location with a lively outdoor space, within arms reach of a scenic park and several luxury apartments that surround the business. The business occupies a 700 sq. ft. kitchen and prep area, and has 1,800 sq. ft. patio space with ample seating. The shop benefits from numerous activities and events planned by the city and held in the immediate area, making this a convenient choice for visitors and local residents alike. The customer base is mixed demographics, mostly young adults. There are few competitors in the immediate area, but this business has several competitive advantages. This business offers competitive prices, quality service, and open patio seating, offering terrific views of a scenic and lively park atmosphere experiencing multiple events on weekends and holidays.
The business is highly marketable. Local marketing efforts, an official website, strong word of mouth, free pup cups, and a loyal customer base have contributed to the business's growing revenues. A new owner could consider gift cards, email campaigns, and online sales to promote further growth. Increased profitability can be achieved with more work hour efficiency. Expanding the food and drink menu has the potential to generate increased revenues.
Owners are actively involved in managing the business, with one owner working 30-35 hours per week managing the business on-site, and the other handling the bookkeeping and payroll. With plans to start a new enterprise, the owners are seeking a qualified buyer to take over this cafe, a local gem with growing revenues in a bustling park location in North Dallas.
Listing ID #001429
