Beloved local health food cafe & food truck!

Description

Health food café and juice bar for sale in Oxford, Mississippi, approximately one mile from the University of Mississippi. The business opened in 2014 and includes both a fixed café location and a fully equipped acai and smoothie bowl food truck.

Financials

• Annual revenue: approximately $265,000
• Seller's Discretionary Earnings: approximately $75,500
• Asking price: $195,000
• Furniture, fixtures and equipment: approximately $75,000
• Inventory: approximately $3,000

Buyers should review tax returns, POS reports and the adjustments used to calculate SDE.

Business profile

• Operating since 2014
• Health-focused café and juice bar
• Acai and smoothie bowl food truck included
• Leased café location
• Nearby student housing
• Customer parking available
• Existing part-time staff

Operations

The café is currently staffed primarily by trained college students who handle much of the daily operation. Several employees are expected to be available to remain after the sale, although continued employment should be confirmed directly with them.

The seller will provide approximately four weeks of transition and training support.

Food truck

The sale includes a fully equipped food truck currently used for acai and smoothie bowl service. A buyer could continue using it as a supplemental revenue channel or increase its operating schedule for events, university activity and off-site sales.

Products

In addition to the café menu, the business has proprietary recipes that include items such as veggie burgers and sauces.

Buyers should confirm ownership of the recipes, production methods and any branding or packaging rights included in the sale.

Growth

• Expand university and corporate catering
• Operate the food truck more frequently
• Increase event and campus sales
• Expand production of proprietary food products
• Increase digital and local marketing
• Evaluate additional café locations

Due diligence

Buyers should verify historical financials, café versus food-truck revenue, food and labor costs, lease terms, equipment ownership, food-truck title and condition, employee arrangements, inventory, customer concentration and any prepaid orders or catering deposits.

Continued café, catering and mobile food operations will also be subject to applicable Mississippi and local food-service, health department, vehicle and vending requirements.