Established Café + Retail + Events Venue | Turnkey Opportunity

Asking Price$495,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$621,366

Inventory$55,000
Not included in asking price
FF&E$190,000
Included in asking price
Real Estate$890,000
Not included in asking price
Courtyard
Inside the front entrance
Inside the main room
Overhead view of the block
Interior – Front Windows & Street View
Main Room
Main Room
Interior – Front Windows & Street View
Counter
More seating
Outside courtyard
Merch Room with more seating
Main room of shop
Main Room of shop
Smaller Bathroom
Main Room of Shop
ADA Bathroom
ADA Bathroom
Hall to wash station and retail room
Wash station
Retail Room
Back Bar / Work Stations
Retail Room
Retail Room / Courtyard view
Retail Room / Courtyard view
Retail Room / Courtyard view
Retail Room / Courtyard view
Front Seating Area
Front Seating Area
Upstairs Hallway / 3500 sq ft apartment
Stairway to upstairs / 3500 sq ft apartment
Outside courtyard
upstairs / 3500 sq ft apartment
upstairs / 3500 sq ft apartment
upstairs / 3500 sq ft apartment
Courtyard
upstairs / 3500 sq ft apartment
Bathroom upstairs / 3500 sq ft apartment
Bathroom upstairs / 3500 sq ft apartment
Bathroom upstairs / 3500 sq ft apartment
Shower upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Kitchen / Living / Office / Dinning upstairs / 3500 sq ft apartment
Private patio
Private Patio
Private Patio
Storage Room / Office Coffee Shop
Storage Room / Office Coffee Shop
Storage Room / Office Coffee Shop
Front Counter
Work Stations
Work Stations
Work Stations
Courtyard
Outside courtyard
Ace Coffee
Upstairs Bedroom  / 3500 sq ft apartment
Ace Bathrooms
Outside front entrance seating
Ace Coffee
Ace Coffee
8 ft. Double side neon
Courtyard
Outdoor bar / Courtyard
Stage with full sound equipment
Downtown Cave City
NEW ROOF 2023
New Roof 2023
8 ft double sided neon
Side Exterior of Ace
Ace Building and courtyard
Ace Coffee Block and Courtyard
Outside stage in the courtyard
Courtyard
Inside the front entrance
Save1/89

Established Café + Retail + Events Venue | Turnkey Opportunity


Asking Price$495,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$621,366

Inventory$55,000
Not included in asking price
FF&E$190,000
Included in asking price
Real Estate$890,000
Not included in asking price
Business Description
Proven Concept with Diverse Income, Liquor License & Growth Potential
This is a rare opportunity to acquire an established, turnkey destination café, retail and entertainment concept with multiple revenue streams, a strong reputation and significant potential for continued growth.
The business has grown into much more than a traditional coffee shop. Revenue is generated through specialty coffee and espresso beverages, a full food menu, ice cream, grab-and-go items, retail merchandise, alcohol, seasonal offerings, special events and entertainment. Approximately 2,000 retail SKUs create an additional shopping experience and revenue stream beyond food and beverage.
The business operates with an established team of approximately 13 employees and has developed a loyal following among both visitors and local customers. Tourism represents approximately 80% of the customer base during peak season and remains approximately 75% even during winter months, providing a strong year-round visitor market.
Competition in the immediate area is limited. There is only one other coffee shop in the local market, which also operates as a creamery, while additional coffee competitors are approximately 15 miles away. The food concept is particularly differentiated, with no comparable food offering within approximately 30 miles.
The operation is fully equipped and includes approximately $130,000 in furniture, fixtures and equipment. Assets include commercial coffee and food-service equipment, refrigeration, ice cream equipment, POS systems, retail fixtures, furnishings and a mobile coffee cart that can be used for weddings, festivals, corporate functions, catering and off-site events.
An outdoor entertainment area provides another unique component of the business and includes a bar, concert stage, professional sound equipment, furniture and event infrastructure. This creates additional opportunities for live music, ticketed events, private parties, corporate events, venue rentals and expanded evening programming.
The sale also includes valuable intellectual property, including an established trademark covering café operations, roasted coffee/coffee beans and merchandise. This provides a new owner with opportunities to expand beyond the existing location through packaged and roasted coffee, wholesale accounts, e-commerce, branded merchandise, licensing, mobile operations and potentially additional locations.
Approximately $90,000 in inventory is available separately and will be calculated at closing.
The business occupies a distinctive approximately 7,000-square-foot property that also includes a substantial upstairs residential space. Real estate is not included in the business asking price. An attractive long-term lease is available at approximately $2,500 per month, and purchase of the real estate may be considered for a qualified buyer as part of a larger transaction.
The current owner is committed to ensuring a successful transition and will provide comprehensive training and support. The owner is also open to remaining involved for up to one year under a separately negotiated paid consulting or management agreement.
Significant opportunities remain for a new owner to expand revenue through evening operations, increased alcohol service, live entertainment, private events, catering, venue rentals, mobile coffee service, wholesale coffee, e-commerce and further development of the retail brand.
This is an opportunity to acquire an established brand, trained team, diverse revenue model, substantial equipment package and unique destination concept without the time and expense required to build one from the ground up.
Additional financial information and supporting documentation are available to qualified buyers upon execution of a confidentiality agreement.
About the Business
Years in Operation
2
Employees
12 (4 Full-time, 8 Part-time)
Seasonal Employees during summer, school breaks, holidays (all our busiest time)
Facilities & Assets
Turnkey operation in a distinctive 7,000 SF property with approximately 3,500 SF dedicated to an upstairs residence. Business assets include approximately $190K in FF&E, commercial coffee and kitchen equipment, furnishings, POS systems, refrigeration, ice cream equipment, retail fixtures and a mobile coffee cart. Outdoor entertainment area includes a bar, stage, professional sound equipment, seating and event furnishings. Sale also includes the established trademark covering café operations, roasted coffee/beans and merchandise, along with applicable brand assets and operating systems. Approximately $55K in inventory is available separately at closing. Real estate is not included in the asking price; long-term lease available, with purchase of the property potentially negotiable for a qualified buyer.
Website
Show Website URL
Market Outlook / Competition
Tourism-driven business with 80% tourist traffic in summer and 75% in winter. Only one other coffee shop serves the immediate market, with additional competitors 15 miles away. Our food offering has no comparable competition within 30 miles. Multiple revenue streams include specialty coffee, food, retail, ice cream, alcohol, grab-and-go and events. Significant growth potential exists through expanded hours, alcohol sales, catering, private events and venue rentals.
Opportunities for Growth
Significant growth opportunities exist beyond the current operation. The sale includes a trademark covering coffee/roasted beans, café operations and merchandise, creating opportunities to expand the brand through packaged coffee, wholesale accounts, e-commerce, licensing and additional locations. A mobile coffee cart is also included, offering immediate potential for festivals, weddings, corporate events, catering and off-site sales. Additional growth opportunities include expanded evening hours, alcohol and cocktail service, live music, ticketed events, private parties and venue rentals. The existing outdoor bar, stage and sound system support expanded entertainment programming, while approximately 2,000 retail SKUs offer further e-commerce potential. The established brand, staff, liquor license and infrastructure allow a buyer to focus on growth rather than building from scratch.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
7,000
About the Sale
Seller Motivation
Owner is ready for the next chapter after successfully growing the brand.
Transition Support
Seller will provide comprehensive transition and training support to ensure a smooth handoff, including operations, staff, vendors, menu, systems, events and community relationships. Seller is also open to remaining involved for up to one year under a separate paid consulting or management agreement, with terms to be negotiated.
Financing Options
Real estate not included in asking price. Long-term lease available.
Listing Info
ID
2557546
Listing Views
Attached DocumentsAttachment Disclaimer

Ace_Coffee_Confidential_Buyer_NDA.pdf

Business Location

Listing ID: 2557546 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.


Similar Listings
Techy
$45,000TechyFeatured Franchise