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Cafe Business In North Dallas, Collin County For Sale

North Dallas, Collin County, Texas, US
Asking Price:
$609,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,502,020
Cash Flow:
$235,909

Cafe business for sale with a ground lease: Don't miss the chance to acquire a cafe in a prime North Dallas location, offering great growth potential! This vibrant and full-service cafe has become a beloved breakfast and coffee spot for local residents for almost a decade. The menu boasts a variety of organic coffee and espresso options, along with alcoholic beverages. From hot and cold brews to specialty lattes, cocktails, beer, and wine, there's something for everyone.

The food selection is equally impressive, featuring unique twists on breakfast and lunch classics such as sandwiches, pancakes, eggs Benedict, chicken fried steak, breakfast burritos, omelets, paninis, tacos, burgers, salads, and more. The cafe not only caters to dine-in customers but also offers delivery through Doordash and Uber Eats, as well as a convenient drive-thru for pickup orders.

Situated near one of the busiest intersections and retail centers in the area, the North Dallas location ensures a constant flow of foot traffic. The surrounding area is home to numerous single-family homes, condominiums, apartment complexes, and corporate offices, attracting a diverse customer base of middle- to higher-income individuals and families. While there is some indirect competition from other food establishments, direct competitors offering full-service breakfast options are limited in the immediate vicinity.

This business possesses immense potential for growth, with several avenues waiting to be explored. Prior to the COVID-19 pandemic, the business achieved a revenue of $2.5 million, which included dinner hours. However, due to the impact of COVID-19 and labor shortages, the decision was made to suspend dinner hours, a measure that remains in effect to this day. By reintroducing dinner service, the cafe can tap into a significant revenue stream.

Moreover, with a ground lease in place, this prime location offers a very attractive rent given its location. Given the amount of traffic the intersection receives on a given day, current drive thru sales could be move improved. Additionally, expanding into catering services would provide an ideal option for local office gatherings and private events. Lastly, enhancing the menu with new desserts, appetizers, lunch specials, or seasonal offerings has the potential to elevate customer satisfaction and generate excitement.

The cafe has already benefited from positive word of mouth, with customers raving about their experiences. The business also maintains a healthy online presence through its user-friendly website, which allows for online orders and reservations, as well as through social media platforms like Facebook, Instagram, and Twitter. The cafe has earned excellent reviews on Google, Yelp, Doordash, and Uber Eats. However, proactive marketing efforts, such as distributing flyers, door hangers, and coupons, as well as creating more engaging social media content, would further boost visibility and attract new customers.

The cafe is currently fully staffed by a team of 25 employees who handle day-to-day operations, while the owner and their spouse oversee the business at a higher level, managing tasks such as payroll, bookkeeping, and inventory. The current owner recently acquired the business in 2023 but has decided to sell due to his age not being able to handle the current volume of the restaurant. This cafe presents an outstanding opportunity for a potential buyer to acquire a beloved establishment with tremendous growth potential. Submit a Buyer Registration and NDA with V-AID to learn more about this exciting business!

Property Information

Real Estate:

Lease

Location:

The North Dallas location is exceptional; this business operates in a highly visible stand-alone facility near one of the area's busiest intersections and retail centers, ensuring a steady flow of foot traffic to the immediate area. The business is closely located near several single-family homes, condominiums, apartment complexes, and corporate offices.

Size in square feet:
4,654 SF

Business Operation

Expansion Potential:

There is immense growth potential for this business. By reintroducing dinner service, the cafe can tap into a significant revenue stream. Moreover, with a ground lease in place, this prime location offers attractive opportunities for expansion or facility remodeling. To cater to the needs of busy commuters passing by daily, introducing a select drive-thru menu could be explored. Additionally, expanding into catering services would provide an ideal option for local office gatherings and private events. Lastly, enhancing the menu with new desserts, appetizers, lunch specials, or seasonal offerings has the potential to elevate customer satisfaction and generate excitement.

Competition / Market:

There is some indirect competition from other food establishments; direct competitors offering full-service breakfast options are limited in the immediate vicinity. This cafe also stands out with its unique menu, family-friendly atmosphere, and excellent customer service.

Reasons for selling:

The owner has decided to sell in order to prioritize family commitments.

Employees:
13FT/12PT
Years established:
2014

Other Information

Support & training:

The owner will provide training for an agreed-upon period of time to allow a smooth transition into the business.

Financing available:

100% down at the time of closing.

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$7,000 - included in the asking price
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