Highly regarded café business in Cavite
Located in a mall that attracts considerable foot traffic
ATTENTION: Frappe and milk-tea shake lovers!
Grab up this incredible opportunity to acquire a cafe that has been known and growing in this side of Imus Cavite… A great way to start a business, especially for new entrepreneurs!
This earning cafe is located in a mall that attracts considerable foot traffic, 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) * 15 person seating capacity * great interiors and ambience * well-managed
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.
Growth Potential 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, social media followers and the customer traffic flow of the mall, it needs a new energetic owner who can take it to the next level.
Reason for selling: Owners already relocated abroad
Employees: 2 employees
Support & training: The owners are willing to train for 15 days at no cost.
Operating days and hours
Mall operating hours, 7days a week
Business is re-locatable?
Lease rate, expiration and related details
Monthly Lease ₱ 29,000 Lease Expiry June 2020 (for re-negotiation) Lease Term Two (2) years Security Deposits ₱ 174,646 (included in the price) Lease Area 30.07 sqm
Percent sale on shares sale only
Shares, Tangible-Assets, Intangible-Rights
Reason for selling (RFS)
Migration or relocation