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Business For Sale

UPSCALE COFFEEHOUSE

Attn: Bob
Newport County, RI, USA
Listing #: 17123736
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Asking Price: $252,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Coffee, Cafe, Dessert  
Reason for Selling: Refocus on roasting.
Year Established: 2006
# of Employees: 2FT/11PT
Yearly Revenues: $372,000
 

Business for Sale Overview:

Growing upscale coffeehouse on busy main road (28,000 cars per day) with little competition nearby. Located in a new commercial complex that will consist of 95,000 s.f. of space when completed. Large store (3,500 sq.ft.) with seating for 80 indoors, and a large terrace for outdoor seating. Established brand and reputation for great coffee and espresso. Outstanding long term potential for continuing growth.


Property Features and Assets:

Highly visible corner location on a very busy main road. Traffic light at corner for easy access. Top quality design and construction in an attractive new brick building. All equipment less than two years old. Large kitchen for sandwich and pastry preparation. Three deli cases, two espresso machines, three twin coffee brewers are some of the equipment included. Seating accommodates 80 in three separate areas, creating a cozy environment in a big space. One seating area features a gas fireplace.


Market Competition and Expansion:

There is little competition nearby, except for a Dunkin Donuts down the road, which really is not a direct competitor. The coffeehouse has already become a popular meeting place for area business people. At less than two years old, business is already fairly brisk, but there is room for more growth, which is happening as more and more locals become regulars. The store itself is designed to handle double or triple the current volume with minimal increase in staff.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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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