Popular Absentee Owner Northern California Coffee Shop - SC2161
Not Disclosed, CA Sacramento County
Asking Price:
$275,000
Annual Revenue:
$425,000
Request More Information Contact the Seller
- RE: Popular Absentee Owner Northern California Coffee Shop - SC2161
- Contact: Brett Sargent
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $425,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 5 | |
| BBN Listing #: | SB-54380 | |
| Broker Reference #: | SACRACA002-54380 |
Business Overview:
This Northern California based Coffee Shop is a California Sub-Chapter S Corporation and was formed 4 years ago and has been under current ownership since inception. All coffee beans are fair trade and ethically sourced from a variety of origins, and freshly roasted for great taste. Their coffees are carefully selected from the best coffee farms from around the world. This coffee shop has a great centralized location, and has a full menu developed by a professional chef that was provided prior to Covid, but owners decided not to do the menu post covid, but all the recipes are available for a new owner to implement. This includes sandwiches, salads, and toasts. In 2022, they were voted the most popular coffee shop in the city they are located in. They are also highly ranked based on customer reviews on Yelp and Google. CA 02100708NV 1003039To 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 a 1,059 square foot space with a base rent of $4,092 and monthly CAM charges of $870. The current lease term is 6 years with a 5-year option. They also have a monthly storage fee of $111. The lease is assignable.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:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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