Gourmet Coffee & Shave Ice Kiosk

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Business Description

GOURMET COFFEE & SHAVE ICE KIOSK

Offered for sale is a Gourmet Coffee & Shave Ice kiosk, located in Greater Cincinnati with double drive-thru windows. It is located on a major four lane divided road with 45,000 traffic count daily.

The business has been operating since 2012. The current owner purchased it in March of 2018, maintaining a neighborhood coffee shop but seeing potential for growth including a coffee/shave ice truck.

Investment Highlights:
• Drive-thru coffee kiosk located centrally on a main road
• Highly favored coffee offerings and specialty creations.
• Room for growth within the community.

Reason for Sale:
The owner has just recently been married and wishes to start a family. While the parent’s have taken over the day to day operations of the Coffee Kiosk, they are in the process of building a restaurant. They need to devote all their time and energy to opening the restaurant.

They believe there is much room for growth and expansion. There is even a possibility of franchising this concept or adding a food truck version.

Asking Price:

The business is being offered as an asset sale which includes the kiosk and equipment assets (cost over $125,000) for $40,000, free and clear of all debt. The business leases its space at $386.25 per month with a 3% yearly increase for 4 years.

Financial Highlights: One Month ‘19 Ten Months ‘18
1/1/19 - 1/31/19 March- Dec. 2018
Revenues $2,522.63 $32,999
Gross Profit $1,834.72 $20,236
ACF* $1,338.28 $11,939

*Adjusted Cash Flow (ACF): Net Income/Cash Flow of the business before owner salary, perks, interest & depreciation.

About the Business

Location:
Cincinnati, Ohio
Year Established:
2012
Number of Employees:
2
Facilities:
Kiosk in a shopping center, visible from a busy 45,000 / day vehicle street.
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About the Sale

Reason For Selling:
Another business
Training/Support:
As needed

Listing Info

ID:
1616300
Ad Detail Views:
0
Asking Price:
$40,000

Gross Revenue:
$33,000
Cash Flow:
$12,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Keate Partners Ltd

Keate Partners, Ltd.

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