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- RE: Coffee Lite Café Corner Of 2 Busy Streets
- Contact: Becky Smith
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $225,063 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $9,960 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 3 | |
BBN Listing #: | 980775 | |
Broker Reference #: | CELCFTAC |
Business Overview:
Established coffee shop lite café on the corner of two busy streets. A solid customer base is already built up for you, the new owner. This café is high-end in its furniture and fixtures. Is spacious at 2500 square feet with seating for a whopping 72 people. Many of this seating offers privacy, which is perfect for a date or alone time to study-type stuff.
This open floor plan could easily accommodate live entertainment music or comedy etc.. There is lots of room behind the counter for 2 or even 3 baristas to work comfortably. There is even a private party/ meeting room or you can use this extra space as your own personal office.
The concept here is easy peasy (means extra easy) to learn and transition into. Coffee and lite snacks have been served on this hungry street corner for more than 10 years. So you can be making bank (making money) from day one.
The daily sales here are already about a $1,000 a day but there are some very tangible ways to increase these profits. This coffee shop is closed Mondays and Tuesdays, which adds up to about $8,000 a month x 12 months It’s about an extra $100,000 in sales annually that is being left outside this front door. Also, the operating hours here could be adjusted to pick up more sales as well as daily. This café closes early at 3 PM and opens a tad late at 8:30 AM.
This is not a franchise so you have complete freedom with the menu, décor & activities to put your own spin (means your creative ideas on things). The monthly lease here is fair and reasonable with lots of many time left on it. This café is downtown so there is plenty of businesses and people all around to cater to.
For you young entrepreneurs starting out or you restaurateurs looking to downsize, this coffee shop café is a must-see.
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Property Features and Assets:
Monthly lease is $3,100 this includes the Triple Net. Lease expires in Feb 2025 but does have a 5 year option to renew. Size is 2,500 square footage with seating for 72. High end furniture and fixtures. Great street visibility and very spacious throughout. Lots of extra storage space. Has a private party room / or use as an office. There is NO type 1 hood. Street parking available, lots of walk-in customer base.
Market Competition and Expansion:
Ways to expand are tangible, daily sales are about $1,000 a day but this café is closed Monday and Tuesdays so that’s about $8,000 a month in missed sales. That’s about $100,000 of missed sales annually. Also the operating hours here could be extended as this café closes at 3 pm. Yet another money idea is this open floor plan it is a blank canvas for live entertainment events. This is a coffee shop light cafe so there are other cafes, but this spacious 2500 square footage, open floor plan and top of the line furniture and fixtures makes this cafe very unique. It's a blank canvas for a creative new owner.
Reason for Selling:
seller is moving out of the areaAdditional 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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