13 year, well established Double Sided Drive Thru Coffee Shop for sale
Business Description
Flyby Coffee is a well-established drive-thru coffee shop that has been serving the Panama City community for 13 years. This profitable operation generates $448,559 in annual revenue with strong cash flow of $105,139, demonstrating consistent performance in a prime location on Highway 98.
BUSINESS OVERVIEW:
The 160-square-foot facility features a convenient double-sided drive-thru design that maximizes efficiency and customer throughput. Currently operating 6am-2pm during peak hours, the business maintains excellent profitability while offering work-life balance for owners.
STRATEGIC LOCATION:
Positioned directly adjacent to the rapidly expanding Tyndall Air Force Base on major Highway 98, this location benefits from high visibility and consistent traffic flow. The proximity to the military installation provides a stable customer base with significant growth potential.
GROWTH OPPORTUNITIES:
Substantial expansion potential exists through extended operating hours and expanded food offerings. The most compelling opportunity lies in the planned expansion of Tyndall AFB, which will bring approximately 5,000 additional military personnel to the area over the next 3-5 years. Even capturing a small percentage of this new population would significantly increase revenue.
FINANCIALS:
Asking Price: $375,000
Annual Revenue: $448,559
Cash Flow (SDE): $105,139
FF&E Value: $75,000
Inventory: $25,000 (included)
Lease: $1,000/month
This turnkey operation offers a specialty coffee concept rather than commodity-based service, creating customer loyalty and differentiation from competitors. The business includes comprehensive training and support from current owners to ensure smooth transition.
Seller financing available. Ideal opportunity for entrepreneur seeking established cash-flowing business with significant growth potential in expanding military market.
BUSINESS OVERVIEW:
The 160-square-foot facility features a convenient double-sided drive-thru design that maximizes efficiency and customer throughput. Currently operating 6am-2pm during peak hours, the business maintains excellent profitability while offering work-life balance for owners.
STRATEGIC LOCATION:
Positioned directly adjacent to the rapidly expanding Tyndall Air Force Base on major Highway 98, this location benefits from high visibility and consistent traffic flow. The proximity to the military installation provides a stable customer base with significant growth potential.
GROWTH OPPORTUNITIES:
Substantial expansion potential exists through extended operating hours and expanded food offerings. The most compelling opportunity lies in the planned expansion of Tyndall AFB, which will bring approximately 5,000 additional military personnel to the area over the next 3-5 years. Even capturing a small percentage of this new population would significantly increase revenue.
FINANCIALS:
Asking Price: $375,000
Annual Revenue: $448,559
Cash Flow (SDE): $105,139
FF&E Value: $75,000
Inventory: $25,000 (included)
Lease: $1,000/month
This turnkey operation offers a specialty coffee concept rather than commodity-based service, creating customer loyalty and differentiation from competitors. The business includes comprehensive training and support from current owners to ensure smooth transition.
Seller financing available. Ideal opportunity for entrepreneur seeking established cash-flowing business with significant growth potential in expanding military market.
About the Business
- Years in Operation
- 13
- Employees
- 8 (1 Full-time, 7 Part-time)
- Facilities & Assets
- The main building is 8x20 with an ADA Bathroom, Shed is approximately 12x20 and is fully foam insulated and cooled. The coffee shop and shed are both backed up with a generac generator system. Our espresso machine is a $15k 3 group Nuova Simonelli Aurelia II Volumetric Espresso Machine. We have multiple grinders (to include backups) in case one goes down. We also have a $10k professionally installed security camera system. Between both the Coffee shop and shed, we have three large air conditioning units, 4 refrigerators, 3 freezers, granite countertops, new cabinets, lots of commercial shelving, 2 commercial microwaves, a bagel toaster, a 2 Airpot commercial Coffee Brewer, and 2 full POS systems one for each window. We also recently added two large murals on both sides of the coffee shop. The sale also includes the large commercial Flyby Coffee sign next to HWY 98. There are more items included in the sale, but I ran out of word count.
- Website
- https://www.flybycoffee.com
- Market Outlook / Competition
- Our business is in a prime location on the way to a rapidly expanding Air Force Base on Hwy 98. We are a local specialty/brand-driven concept, not just a commodity coffee shop. We do have competition a few miles down the road, but it has not affected our sales or customer base. In the next 3 to 5 years there will be around 5,000 additional military personnel moving to Panama City to work at Tyndall AFB. Even if we only captured a fraction of the new folks, this would significantly increase sales.
- Opportunities for Growth
- Growth and expansion opportunities are unlimited. We are only open during the peak hours 6am to 2pm and we do not provide any lunch options. Longer hours and more food options would definitely increase sales. The only reason we have not done this is to ensure a work life balance since we still have 1 school aged child left who is involved in lots of activities.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 160
- Rent
- $1,000.00 per month
About the Sale
- Seller Motivation
- Recently retired from the military after 33 years and wife is ready to retire as
- Transition Support
- We can offer whatever support and training is necessary for the new owners to succeed. My wife (who runs the coffee shop) is willing to stay around until the new owners are comfortable with the business.
Listing Info
- ID
- 2396454
- Listing Views
Business Location
Listing ID: 2396454 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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