Seller Financing 50% Profitable Coffee Shop

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Asking Price:
$49,000

Gross Revenue:
$135,729
Cash Flow:
$37,632
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,000
not included in asking price

FF&E:
$8,000
included in asking price

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Business Description

Profitable coffee shop even though this is operated by an absentee owner. The upward potential here is through the roof with the owner-operator in place. Seller is even willing to offer SELLER FINANCING with only 50% down. Located on one of the main streets in town so you know it’s a high traffic area. Lots of strong anchor businesses all around to include a big grocery store.
This is an independent coffee shop, not a franchise so you have the freedom to create whatever atmosphere or vibe you want with the décor or menu. Also, not a franchise means no franchise fees or franchise rules to follow.
Example there is a gym nearby and you have the power to add healthy snacks or smoothies to your menu and that’ll probably add lots of healthy dollars to your register. There is no hood but the landlord is open to letting you add one. But even without the hood adding some more simple food choices such as sandwiches, soups, waffles or crepes would all go a long way to adding to the bottom-line profits.
There is also quite a demand for wine and beer so here is another way to stack the profit dollars even higher. Even if you just offered occasional wine tasting events there seems to be a lot of local support for it. Another neat tidbit about this café is the landlord here is very supportive and proactive in setting up events in this shopping plaza to help keep the flow of people coming through here in big numbers. He’s much more than just someone who is collecting a rent check every month.
This café has a great lease too at only $2,400 per month. And there is lots of life left on it too. 1300 square feet and open floor plan so it’s big enough to offer karaoke events or bring in local musicians or other live entertainment type stuff. Owner spent $125,000 to build out this space, all equipment, fixtures and furnishings are included in the purchase price. Turnkey ready to go.
Other neat to know things, there is plenty of parking, the owner is willing to give you extensive training, this café has good signage and visibility. There is limited competition close by to worry about. This coffee shop lite café is a great investment opportunity, give us a call.
All information is deemed reliable but is not guaranteed. Buyer should verify to own satisfaction.

About the Business

Location:
Yakima, Washington
Year Established:
2017
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,300
Rent:
$2,300.00 Per Month
Lease Expiration:
9/30/2022
Facilities:
The monthly lease is $2,400 per month and that is with the triple net included. The current lease expires Sept 2022 and is assignable. This lease has a 5-year option to renew. Square footage is 1,300, open floor plan, seating capacity is 40-50. Lots of parking, good signage, high visibility. No hood but can add one. This coffee shop is established for many years with many a loyal customer base.
Market Outlook/
Competition:
Lots of ways to expand the profit dollars, the owner is absentee so an owner operator overseeing the day to day operations would see labor costs go down, customer service and profits go up. With this open floor plan the doors of opportunity are wide open for adding live entertainment, karaoke, local artists etc.
There is a big customer demand for wine and beer. Even if you just offered occasional wine tasting events as there seems to be lots of local support for it. Perhaps the operating hours could be adjusted as this coffee shop is not opening until 8:30 in the morning, so there is probably some early morning coffee business being missed.
One more way to increase the sales would be to add more food choices like crepes, waffles, soups, and sandwiches. Right now to few food choices are being offered.
Growth & Expansion:
Lots of ways to expand the profit dollars, the owner is absentee so an owner operator overseeing the day to day operations would see labor costs go down, customer service and profits go up. With this open floor plan the doors of opportunity are wide open for adding live entertainment, karaoke, local artists etc.
There is a big customer demand for wine and beer. Even if you just offered occasional wine tasting events as there seems to be lots of local support for it. Perhaps the operating hours could be adjusted as this coffee shop is not opening until 8:30 in the morning, so there is probably some early morning coffee business being missed.
One more way to increase the sales would be to add more food choices like crepes, waffles, soups, and sandwiches. Right now to few food choices are being offered.
Contact the Seller

About the Sale

Reason For Selling:
Seller wants to spend more time with family
Training/Support:
2 weeks offered but seller willing to give more if needed
Seller Financing:
50% down case by case basis

Listing Info

ID:
1690586
Ad Detail Views:
236

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Business Listed by

David Smith

Coldwell Banker Bain

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