Highly Regarded Café Restaurant in CaviteListing: #OR00379
About this Business for sale in CaviteHighly Regarded Café Restaurant in Cavite
ATTENTION: Frappe and milk-tea shake lovers! Grab up this incredible opportunity to acquire a highly regarded and well known cafe that has been growing in this side of Imus Cavite.
This Cafe located in a well-known mall which attracts heavy foot traffic, is profitable especially during weekends. Well known in the area for its ambience and delicious food & coffee, It offers unique instragam-able frappes and now becoming popular to customers (especially locals) of all ages.
* Located in a well-known mall
* huge social media following (more than 20,000 likes)
* Instagram-ready menus (especially its specialty shakes and milk teas)
* 10-15 person seating capacity
* great interiors and ambience
This growing business generated YTD (January-October 2019) sales of over ₱1,100,000 with 70% of its sales are coming from their specialty shakes and frappes. It attracted huge following on its social media site over the years and sales are complemented by its tie-ups with food delivery channels. Quarterly sales are peaking at an average of ₱346,000 with net income is approximately 21% of sales.
The current owners have enjoyed this café for months and it has proven to be a growing business Although this cafe is ready to operate on day 1 and turnkey, it still need occasional visits and supervision from the owners. Owners are now based in the USA and don’t have enough time to manage the business as they are managing multiple businesses.
With more room for potential growth to tapped its consistently growing customer base and social media followers, it needs a new energetic owner who can take it to the next level.
Employees: 2 employees
Support & training: The owners are willing to train for 15 days at no cost
Want to find out more? Call Now!
Contact Benjie Tabayag at mobile +63949-5066785 or Evangeline Laureano at +639158418861
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.