Coffee shop with loyal customers & prime location, Franchise, Absentee
Asking Price: | $89,000 |
Gross Revenue: | $432,507 |
Rent: | $4,000 |
Established Year: | 2016 |
Cash Flow: | $51,628 |
Inventory: | $7,500 |
FF&E: | $121,500 |
If you have been dreaming of owning your own business or a coffee shop with a turn key operation, this is a golden opportunity. A new location with this Franchise company would cost over a million dollars. To be exact it would cost $1,062,000 according to their own website. This existing & ongoing business has assets well over $121,500. I will provide a list.
The beauty of this opportunity is that you don't have to continue with the franchise. You will save ton of money. I will explain. Lease expiration is coming up soon which will give you an opportunity to get a great rate & terms. With an offer, we will put a contingency to get a long-term lease.
You need to be an owner operator, at least initially to make the SDE, profit of $52,000.
There has never been a better time to own a Coffee Cafe. Americans love their coffee, and this love continues to grow! More Americans are drinking coffee and spending time in coffee shops than ever before. Coffee is a hot cultural staple: it is one of the most popular beverages in both the U.S. and abroad, and coffee shops are a social force as one of the fastest-growing segments of the food service industry.
Assets: (prices are costs for new)
Merry chef Oven - $15,000
2 Vitamix Blenders - $1,100 (each)
2 Coffee bean grinders - $1,300 (each)
Fetco Drip Coffee Maker - $2,500
Ice Maker - $4,000
2 Frankee Espresso Makers - $14,000 (each)
3 under counter fridges - $2,400 (each)
2 Commercial Freezers - $2,500 (each)
1 Commercial Fridge - $2,500
CE Headsets - $2,500
2 - Brink POS Systems with Network Technology - $15,000
Shelving - $5,000
Tables / Chairs - $25,000
Conference Room Furniture - $5,000
Breakdown for a new location:
$200k for equipment
$50k for signage
$750k+ for the building
$50k for inventory
$100k+ ground prep
$15k for Grand Opening Fees
$75k for professional services (Civil Engineering, Architectural, Attorney Fees, Environmental, etc.)
This community hub serves as Roswell’s to go-to meeting place, offering a warm and inviting atmosphere. New owners will step into a fully operational and profitable business with the added benefit of post-sale support from the current owners, ensuring a smooth transition.
Key Highlights:
Profitable with an owner operator and fully operational
Strong local brand with an established customer base
Prime location with a solid lease in place. New lease shall be negotiated upon your purchase.
Updated equipment and no deferred maintenance
Training and support provided by owners
Financials available upon signing NDA. The asking price is less than value of FF&E assets.
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