Independent and Profitable Coffee Shop – Tremendous Opportunity!
North CarolinaListing DetailsOffice ID: COFFEE1
Listing Broker: Joe Vagnone
Price Range: $100,000 - $250,000
Gross Revenue: $197,900
Cash Flow: $23,420
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some financing to the right qualified buyer.
Absentee Owner: Yes
Reason for Sale:
Seller’s primary business is his CPA firm, and this has grown. Seller will focus on his primary business.
Seller will train a new owner – Length of time is negotiable.
OperationsYear Established: 2010
Form of Ownership: S Corp
Employees (full-time): 1
Employees (part-time): 8
Business Hours: Monday – Friday 6 am – 9 pm, Saturday – Sunday, 7 am – 9 pm
A friendly, community-focused coffee shop focused on quality craft-made products since 2010, this business offers a nice, relaxed environment in a busy and growing area in the heart of Charlotte, NC. This business prides itself on quality, reasonably priced products, and offers a larger space than most competitors for both individuals and local groups to come and meet together. The business serves not only quality craft-made coffee products and drip coffee, espresso, chai, specialty drinks and beer, wine and liquor, it also serves pastry foods – danish, muffins, and scones – all of which come from a local pastry shop, and breakfast sandwiches. Features:
An active owner/operator, strong coffee knowledge, manage sales, basic bookkeeping, business management
Competition:With 2 main competitors in the market area, this business competes on the basis of maintaining an inviting atmosphere, offering a larger space, food items are more reasonably priced than its competition.
Potential Growth:The potential growth of this business is limited only to the creativity and marketing of a new owner.
LocationType of Location: Strip Center
Lease Expires: Jun 30, 2024
Monthly Rent: $3,650
Square Footage: 1100
This business\'s location is ideally located in a very busy strip center with an end-cap location and offers a wonderful area with plenty of outside seating.
Last Updated: Aug 16, 2020 / 4:10 PM
Financial Information Current As Of: Aug 16, 2020 / 12:49 PM