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- RE: Profitable Coffee Lite Bakery Shop Near University
- Contact: O'Becky Smith
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $456,000 | |
Net Profit: | $43,064 | |
Cash Flow: | $43,064 | |
Total Debt: | Not Disclosed | |
FF&E: | $8,321 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 6 | |
BBN Listing #: | 954301 | |
Broker Reference #: | FRDSEA |
Business Overview:
Profitable coffee shop and lite café in a high-traffic Seattle location. You can be making solid money from day one. Lite rail is just across the street, and U of W is close by also, so there is lots of foot traffic right outside your front door.
Not only a strong customer base already set up but with all the young college students close by, getting employees or managers is easy-peasy (means no problem). This coffee shop is a simple concept to train and transition into for you and your employees.
On average this coffee shop does about $35,000-$40,000 a month in sales and as far as coffee shops go that’s definitely high end. Also boasts high end baking equipment that help to enhance the aromas and profits. Seller has a great money making plan set up for you the new owner to make money on coffee, baked goods, and wine in a very nice worth your while relaxed atmosphere.
The furniture and fixtures here are also modern and fashionable. 1,550 square footage of open floor plan is spacious enough to offer live entertainment karaoke, local artists etc...Current owner is absentee so just imagine how much more than the $40,000 monthly sales average could grow with you as an owner operator? Lower labor costs and 5 star customer service with your smiling face behind the front counter. Definitely more ($$$).
The monthly lease is reasonable and has lots of life left on it. This is a money location and setup but even if you changed the name and branding new owner would still be grinding out huge sales.
Seller willing to give buyer all the training and tutelage (means make you proficient). There is NO type 1 hood so no messy, greasy cleanups.
This business should also qualify for E-2 Visa. This location and this set up make this one of the best lite cafés for sale on the market. It’s really a dream opportunity to own your own coffee shop bakery café in a high traffic area.
All the hard establishing work is done for you. We invite you to stop on by to SEE, TASTE and SMELL the coffee & baked goodies.. (That means you gotta check this one out.)
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Property Features and Assets:
The monthly lease is reasonable at $4,800 per month with the triple net included. The current lease expires in Apr 2029 but does have a 5-year option to renew. 1,550 square footage with an open floor plan.
The decor and setup are modern, up to date and beautiful. Plenty of storage and prep area. Offers high end baking equipment, has great signage and visibility from the street. Operated by 4 Full Time and 2 Part Time employees. There is NO type 1 hood. Street parking, lots of foot traffic.
Market Competition and Expansion:
This coffee shop, lite bakery and wine plates business is like a well-fitting glove that is perfectly suited for this Seattle neighborhood. This café offers beer and wine but closes at about 3 pm daily (so do the math $$$). More profits can be made with an owner-operator. There are other coffee shops or lite cafes but very few in the area that play the game at this high a level. All training is included in the purchase price.
Reason for Selling:
Seller wants to downsizeAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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