Successful cafe in a prime Ames location ready for the next owner.
Business Description
Confidential opportunity to acquire an established, fully operational specialty beverage and light food business in a highly desirable university-area location in Central Iowa. The business has operated successfully for more than a decade and benefits from a strong history of customer recognition, repeat traffic, and a location surrounded by student housing, retail, restaurants, entertainment, and steady pedestrian activity.
The operation is being offered as a turnkey business, allowing a new owner to step into an existing platform with the equipment, systems, inventory, recipes, supplier relationships, and operational processes already in place. The sale includes specialized commercial beverage preparation equipment, refrigeration and freezer capacity, an ice machine, POS system, food preparation equipment, and other assets necessary for continued operation. Storefront operating inventory is included, with additional bulk inventory to be reconciled separately prior to closing.
The business has generated more than $2.4 million in reported revenue since opening, including multiple years exceeding $250,000 in annual sales and a peak year above $300,000. Like many food and beverage businesses, operations were affected by temporary closures and pandemic-related disruptions, yet the business demonstrated an ability to recover and return to strong sales levels. Recent annual revenue remains substantial, providing an established operating base for a new owner.
The concept benefits from a broad customer mix that includes university students, faculty and staff, local residents, visitors, and customers drawn to the surrounding commercial district. Its long-standing presence in the market provides an advantage over a new startup by offering existing customer awareness, proven operating history, trained processes, and an established supply chain.
The seller is prepared to assist with a smooth transition and provide hands-on training covering equipment operation, recipes, beverage preparation, standardized procedures, POS use, ordering, and supplier relationships. Approximately one to two weeks of on-site transitional assistance is anticipated, helping a buyer become comfortable with day-to-day operations.
This opportunity may be particularly attractive to an owner-operator, entrepreneur, family business, or existing food and beverage operator looking to expand into an established university market without the time and expense associated with building a new concept from the ground up.
The business is being marketed confidentially. Additional financial information, asset details, lease information, and operational records are available to qualified prospective buyers upon execution of an appropriate confidentiality agreement.
The operation is being offered as a turnkey business, allowing a new owner to step into an existing platform with the equipment, systems, inventory, recipes, supplier relationships, and operational processes already in place. The sale includes specialized commercial beverage preparation equipment, refrigeration and freezer capacity, an ice machine, POS system, food preparation equipment, and other assets necessary for continued operation. Storefront operating inventory is included, with additional bulk inventory to be reconciled separately prior to closing.
The business has generated more than $2.4 million in reported revenue since opening, including multiple years exceeding $250,000 in annual sales and a peak year above $300,000. Like many food and beverage businesses, operations were affected by temporary closures and pandemic-related disruptions, yet the business demonstrated an ability to recover and return to strong sales levels. Recent annual revenue remains substantial, providing an established operating base for a new owner.
The concept benefits from a broad customer mix that includes university students, faculty and staff, local residents, visitors, and customers drawn to the surrounding commercial district. Its long-standing presence in the market provides an advantage over a new startup by offering existing customer awareness, proven operating history, trained processes, and an established supply chain.
The seller is prepared to assist with a smooth transition and provide hands-on training covering equipment operation, recipes, beverage preparation, standardized procedures, POS use, ordering, and supplier relationships. Approximately one to two weeks of on-site transitional assistance is anticipated, helping a buyer become comfortable with day-to-day operations.
This opportunity may be particularly attractive to an owner-operator, entrepreneur, family business, or existing food and beverage operator looking to expand into an established university market without the time and expense associated with building a new concept from the ground up.
The business is being marketed confidentially. Additional financial information, asset details, lease information, and operational records are available to qualified prospective buyers upon execution of an appropriate confidentiality agreement.
About the Business
- Years in Operation
- 11
- Employees
- 6 Part-time
Some seasonality - Facilities & Assets
- The business is offered as a fully equipped, turnkey operation with the primary furniture, fixtures, equipment, and operating inventory needed for continued operation. Included assets consist of a commercial tea brewer, two cup sealing machines, automatic fructose/syrup dispenser, hot water equipment, two tapioca pearl cookers, commercial air fryer, commercial ice machine, two large refrigerators, three commercial freezers, and POS/cash register system. All equipment is currently in active use and represented as being in good working condition. Estimated used in-place FF&E value is approximately $15,000–$20,000. Storefront operating inventory is included, while additional basement bulk inventory will be valued separately based on verified cost and condition prior to closing.
- Market Outlook / Competition
- The business benefits from a prime location near Iowa State University and surrounded by a dense mix of student housing, restaurants, retail, nightlife, and pedestrian traffic. While Ames has several beverage and tea concepts, sales across stores have been solid and there's been an increased presence of national brands given the great demographics. The business has operated in this location for many years, providing established visibility, repeat customers, and brand recognition that would be difficult for a new operator to replicate immediately.
- Opportunities for Growth
- The business spends little on marketing and there would be potential catering opportunities as well.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,890
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller will provide transition support designed to help a new owner assume operations with minimal disruption. Training will include hands-on instruction for key equipment, POS system use, beverage preparation, recipes, standardized procedures, and day-to-day operating practices. The buyer will also receive supplier and ordering information to support continuity of inventory and product sourcing. The seller is willing to provide approximately one to two weeks of on-site transitional assistance following closing, with the goal of helping the buyer become comfortable and confident with daily operations.
Listing Info
- ID
- 2549904
- Listing Views
- 6
Listing ID: 2549904 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.
Businesses for SaleIowa Businesses for SaleIowa Food & Beverage Businesses for SaleIowa Other Food & Beverage Businesses for Sale
Saved Businesses limit reached.
Remove some Saved Businesses.
Remove some Saved Businesses.


