Connecticut Business For Sale

Ideal Independent Gourmet Coffee Shop

Central CT, CT

Food & Beverage: Coffee, Cafe, Dessert

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$375,000
$748,000
Not Disclosed
$113,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
12
5362913

Business Overview:

This independent gourmet coffee shop is located in the heart of an upscale town and is open 7 days/week but no nights. The business buys the finest, highest grade coffee beans from a local proprietary roaster. It sells a variety of freshly brewed coffees, baked snacks, coffee beans, specialty foods, teas, chocolates, brewing accessories and gift baskets. The retail shop has the ability to do their own roasting and occasionally roasts green coffee beans in the shop. A new owner could either roast in house or buy roasted beans wholesale from the proprietary source. Employees: 7 full time, 5 part time

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The retail location is on one of the main streets in town with 2,200 sq fat floor space plus a full basement. Parking is adjacent to the building. The lease is $2,250/month, with only one $100/month increase before 2022 and is 1/2 of market rates.

Market Competition and Expansion:

Competition: All competition has been established for at least 4 years, except for one 2 year old national chain shop. This had a limited effect on over the counter sales, with no discernable effect on bean, gift and accessory items. Competitive advantages are quality, freshness and uniqueness of its coffee because of the quality of the beans they buy and their custom blending techniques. A large, loyal customer base supports this claim. Growth and Expansion: They offer a modest lunch menu which can be further expanded. Opening longer hours (they close before 6 pm) could boost sales. Also, more seating could be added

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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