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.
• 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.
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
Contact the Seller
- Cincinnati, Ohio
- Year Established:
- Number of Employees:
Kiosk in a shopping center, visible from a busy 45,000 / day vehicle street.
About the Sale
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