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Business For Sale

Coffee/Cafe

Not Disclosed, IA, USA

Food & Beverage: Coffee, Cafe, Dessert

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$200,000
$324,000
Not Disclosed
$46,884
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
7
95527370
Owner Financing is Available
Possible in right situation.

Business for Sale Overview:

This award-winning coffee shop / cafe specializes in fine coffee, tea, wine, beer, and food. Located in a vibrant neighborhood, the established business's artful atmosphere attracts a broad array of customers. Professionally trained baristas serve up incredible espresso drinks, and the staff creates fresh panini sandwiches served throughout the day. A full calendar of live entertainment and art shows adds evening excitement and further draws in crowds.

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:

$1,921 plus Cam $232 per month lease.

Market Competition and Expansion:

Business was started from scratch in March of 2006 by two brothers. One had the capital and a full time job the other worked full time in the business. This situation lasted about a year when the brother working in the business full time left, leaving the other brother to deal with both the business and a full time job. It became necessary to hire a manager rather than have owner operator. Sales have gone from $213,000 for 10 months in 2006 to $324,000 for 12 months of 2008 and $311,000 in first 10 months of 2009 which is good for a start up. This a great opportunity for a party experienced in running a cafe/coffee/sandwich shop to finish what the brothers started (getting it off ground) and winding up with a great cafe in a great university neighborhood.

Reason for Selling:

No time with other full time job.

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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