Popular Absentee Owned Northern California Coffee Franchise - SC2217

Business Overview:

This Northern California based Coffee Franchise is a California Sole Proprietorship and was formed 5 years ago and has been under current ownership since inception. The franchisor has been operating since the 1960’s, and have been dedicated to crafting the perfect cup. They are committed to improving conditions in coffee communities around the world. They responsibly source coffee from 24 countries and perform 20,000 annual audits supporting 23,000+ farmers. This franchise is located in a unique high traffic area. They have highly trained baristas and offer a wide variety of coffees and teas. This is an absentee run business. The new owner is NOT OBLIGATED to retain this location under the franchise name, and can convert it over to an independent business. They are open Monday through Saturday from 10:00AM to 9:00PM and on Sunday from 11:00AM to 7:00PM.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

They currently operate out of an 800 square foot space with a base rent of $13,930.61 and monthly CAM charges of $3,608.29. There is an additional fee of $1,714.41. The current lease term is until 2030.

Market Competition and Expansion:

The market size, measured by revenue, of the Coffee & Snack Shops industry was $63.6B in 2022. The market size of the Coffee & Snack Shops industry increased 2.2% in 2022. The market size of the Coffee & Snack Shops industry in the US has grown 5.6% per year on average between 2017 and 2022. The market size of the Coffee & Snack Shops industry in the US increased faster than the economy overall.

Reason for Selling:

The reason for selling is Seller would like to pursue other interests.

Additional Details:

Relevant Links:

• View more California businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker