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Ohio Business For Sale |
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| COFFEE SHOP (CAFE) PREMIUM LOCATION OF WEST SIDE |
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| Attn: Elias E. Ladon |
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| Lorain County, OH, USA |
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| Asking Price: |
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$129,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Coffee, Cafe, Dessert |
| Reason for Selling: |
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Seller wants to focus on other interests. |
| Year Established: |
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2001 |
| # of Employees: |
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10 Full Time |
| Yearly Revenues: |
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$300,000 |
| Yearly Cash Flow: |
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$77,468 |
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Business for Sale Overview:
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(UNDER LETTER OF INTENT) Coffee Shop located at a premium location of a western suburb (Lorain County). While it is currently operating under a franchise it could be converted to an independent Coffee Shop. Located in a central location by entrance of a major shopping center in the area with significant retailers, a variety of small retailers and a public attraction. Last but not least it is located across from an educational facility that is a major source of traffic for the business. The Coffee shop has nice facilities and a nice atmosphere with a seating capacity of 61. In addition, it offers nice amenities for its customers such as the convenience of wireless internet access. Last but not least it offers an exquisite assortment of coffees, beverages and on-site baked goods. In view of the qualities this coffee shop is offering to its customers and in view of the quality of beverages it offers, it has become a destination place for college students and many other people where they go to meet their friends and business associates. The 2006 estimated Cash Flow to an Owner/Operator of this coffee shop was about $77,400. In view of the above, the Seller has decided to set an asking price at $129,000 in the event the Café will be operated as an independent store. If Buyer decides to operate it as a franchised business, then a $10,000 has to be added to the asking price which will go to the present franchisor.
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Property Features and Assets:
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Occupies 2,000 sf of well decorated facilities. |
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Market Competition and Expansion:
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Has exclusivity for coffee offering in the shopping center where it is located. It is located to take advantage of traffic generated from college and public attraction (it is right at the entrance leading to that attraction.) |
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Additional Details:
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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