Coffee & Tea Service/172+ clients/30 yrs Profits/Turnkey Operation!

Asking Price$499,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,252,500

InventoryNot Disclosed

FF&E$60,000
Included in asking price
Real EstateNot Disclosed

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Coffee & Tea Service/172+ clients/30 yrs Profits/Turnkey Operation!


Asking Price$499,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,252,500

InventoryNot Disclosed

FF&E$60,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
So much to love here for owner-operators seeking a solid established business:

* 30 years success & profits yielding Good Will galore!
* 99% of sales come from repeat customers
* Owners will introduce all customers and stick around post sale to ensure smooth transition
* Growth opportunities everywhere...easily expandable by simply adding team members (only 2 full-time now)
* Demand exceeds Supply in middle TN...easily make this a $2M operation w/higher margins
* Well established brand after 30 years
* 'Word-of-Mouth' Advertising minimizes marketing needs
* No Landlord/No Lease...just 1200 sq ft storage needed (various lower cost options available vs current)
* $60,000 capital equipment included (after depreciation)

If this sounds like your Cup of Tea (of Coffee), click now for more details >>>>>>>>>
About the Business
Years in Operation
30
Number of Employees
2
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
1200 sq ft Storage facilities (of your choice, or current ) house any capital equipment NOT already deployed in action with recurring customers and events. Most everything remains with customers (and serviced) or in transit to other customers/events :)
$60,000 in equipment (after depreciation)...or $100K+ if purchased new.
Market Outlook / Competition
Over 450 million cups of coffee & tea are purchased & consumed every day in the US. This demand does not stop at work & events (corporate meetings, weddings, etc). Unlike brick 'n mortar businesses (w/all associated nightmares), this business operates in a much better niche. Turnkey operations, no landlords, happy customers.
The well-established 'winning formula' here is providing the very best specialty/premium coffees, expresso, and teas to customers who have zero worries in making clients, employees, guests VERY happy :))
Opportunities for Growth
Demand > Supply. These owners are ready to retire after 30 years, and as such, turning away customers. New owners can easily expand customer base...details will be shared in first meeting.
About the Sale
Seller Motivation
Well deserved retirement after 30 yrs of winning!
Transition Support
Owners will walk you in for introductions to all 172 customers for warm hand-off. In some cases, owners will even position themselves as bringing you on as new partner for 100% confidence. This business is their baby, and they want to ensure new owners take it to the next level...and a $2M business. The 'roadmap' to get their will be discussed in first intro meeting!
Financing Options
Possible with large downpayment and conditions met
Listing Info
ID
2407247
Listing Views
155

Contact Seller

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Business Listed by: Tom Nilsen TNT Business Brokers/"We Sell" Team

Listing ID: 2407247 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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