Asking Price: $150,000 Gross Revenue: $357,477Cash Flow: $41,725 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,500 not included in asking priceFF&E: $68,380 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
An opportunity to own an established turn-key community coffee house that has been in business for over ten years. It has a loyal customer base with an excellent reputation and devoted team members. This location has an easy assessable drive-thru which generates 50% of the business. Inside, you’ll find a cozy atmosphere with comfortable seating, a fireplace and outdoor patio with seating for up to 16. A full menu of hot, iced and blended coffee drinks, teas, smoothies and a variety of made to order food items such as bagels, muffins, breakfast sandwiches and lunch items.
About the Business
Number of Employees:
Building Sq. Ft.:
Strip center Opened in the summer of 2007 as a franchise coffee house and after 6 years, became an independent that has grown to be a part of the community. This coffee house has had the same business owner/operator for 10+ years
Specialty coffees represent 37% of U.S. coffee cups and are considered the highest quality in the world. The retail value of the U.S. coffee market is estimated at $30-$32 billion, with specialty comprising approximately a 37% volume share but nearly 50% value share. Americans have always loved their coffee. Millions of coffee lovers stand in line daily, willing to part with the better part of a sawbuck for a latte, espresso, or cappuccino. There are plenty of independents who have found a way to cash in on the coffee revolution. More and more consumers are learning about coffee, and getting into specialty coffee. Coffee is a fast-growing business that is fairly recession proof. Low cost of entry and relative ease of operation as compared to other food and beverage businesses.
Growth & Expansion:
Extend the hours of operation, Advertise and promote more on social media, Expand the varieties of craft coffee, Increase catering opportunities, Offer call-ahead or delivery options, Research possibility of offering alcohol if expansion of hours into the evening.
Coffee Shop that rivals the big brands with a warm and inviting venue
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