Turn-Key Coffee Shop for Sale (since 2009)
Business Description
Established Coffee Shop for Sale in Downtown Wilmington
This well-established coffee shop has been serving the heart of downtown Wilmington since 2009, building a strong reputation and loyal customer base over 17 years of continuous operation. Located in a prime downtown location with exceptional foot traffic, this business benefits from over 600 bank employees in the floors above as potential daily customers, creating a built-in customer base that most coffee shops can only dream of.
Financial Overview:
- Annual Revenue: $82,492
- Asking Price: $55,000
- Lease Rate: Only $337/month (utilities included)
- Building Size: 697 square feet
- FF&E Value: $15,000
- Inventory: $1,000 (included in price)
Key Business Strengths:
- Established customer base with repeat clientele since 2009
- Prime downtown location with built-in customer traffic
- Exceptional lease terms with water, electricity, and internet included
- 24/7 on-site security for peace of mind
- 12x9 foot storage space and loading dock for easy operations
- Public bathrooms nearby maintained by the bank
- Fresh ingredients and competitive pricing strategy
- Strong reputation for friendly customer service
Growth Opportunities:
Significant potential exists to increase revenue through expanded operating hours (currently closed Fridays), enhanced marketing with outdoor signage and social media presence, online ordering system, catering services, and expanded to-go offerings. The established customer base provides a solid foundation for implementing these growth strategies.
Owner Support:
The retiring owner will provide up to two weeks of hands-on, full-time training and personally introduce the new owner to regular customers, ensuring a smooth transition and maintaining the established relationships that drive daily sales.
This fully operational business offers an excellent opportunity to step into an established operation with systems already in place. The combination of prime location, reasonable overhead, and growth potential makes this an attractive investment for someone with coffee industry or cafe experience REQUIRED.
Reason for Sale: Owner retirement by year-end.
This well-established coffee shop has been serving the heart of downtown Wilmington since 2009, building a strong reputation and loyal customer base over 17 years of continuous operation. Located in a prime downtown location with exceptional foot traffic, this business benefits from over 600 bank employees in the floors above as potential daily customers, creating a built-in customer base that most coffee shops can only dream of.
Financial Overview:
- Annual Revenue: $82,492
- Asking Price: $55,000
- Lease Rate: Only $337/month (utilities included)
- Building Size: 697 square feet
- FF&E Value: $15,000
- Inventory: $1,000 (included in price)
Key Business Strengths:
- Established customer base with repeat clientele since 2009
- Prime downtown location with built-in customer traffic
- Exceptional lease terms with water, electricity, and internet included
- 24/7 on-site security for peace of mind
- 12x9 foot storage space and loading dock for easy operations
- Public bathrooms nearby maintained by the bank
- Fresh ingredients and competitive pricing strategy
- Strong reputation for friendly customer service
Growth Opportunities:
Significant potential exists to increase revenue through expanded operating hours (currently closed Fridays), enhanced marketing with outdoor signage and social media presence, online ordering system, catering services, and expanded to-go offerings. The established customer base provides a solid foundation for implementing these growth strategies.
Owner Support:
The retiring owner will provide up to two weeks of hands-on, full-time training and personally introduce the new owner to regular customers, ensuring a smooth transition and maintaining the established relationships that drive daily sales.
This fully operational business offers an excellent opportunity to step into an established operation with systems already in place. The combination of prime location, reasonable overhead, and growth potential makes this an attractive investment for someone with coffee industry or cafe experience REQUIRED.
Reason for Sale: Owner retirement by year-end.
About the Business
- Years in Operation
- 17
- Employees
- a husband and wife team run the cafe
- Facilities & Assets
- This cafe is located in an elegant Lobby of a large Bank in the heart of downtown Wilmington, Delaware. The square footage does not include a separate storage room. All equipment to run the cafe is included and a full listing will be provided to serious buyers. New Lease Terms will be negotiated by the potential buyer directly with the Corporate Banking Headquarters. The Bank confirmed that only experienced buyers would be considered. It's mandatory that the new owner has food industry experience.
- Market Outlook / Competition
- This business is unique as over 600 bank employees in the floors above are your potential customers in addition to outdoor foot traffic.
- Opportunities for Growth
- There is definitely potential for growth by: opening on Fridays, placing signs outside, offer on-line ordering, create a social media buzz, offering catering and 'to go" items.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 697
- Rent
- $337 per month
About the Sale
- Seller Motivation
- Retirement by year-end
- Transition Support
- We would provide up to two weeks hands on full time training in addition to introducing you to our regular customers resulting in dependable and on-going repeat clientele and stable daily sales.
- Financing Options
- no financial assistance provided
Listing Info
- ID
- 2551506
- Listing Views
- 9
Business Location
Listing ID: 2551506 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.
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