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Asking Price:	$280,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Coffee, Cafe, Dessert
Reason for Selling:	Managing two businesses with four small children.
Year Established:	2006
# of Employees:	10
Yearly Revenues:	$175,000
Yearly Gross Income:	$175,000
Monthly Payroll:	$4134.00

Business for Sale Overview:

This coffeehouse has been renovated 2005, and open since 2006, seen 70% growth for 2007 with steadily increasing sales every month. Profitable in the first year! Our excellent espresso drinks, full breakfast menu and great lunches have created a fast-growing business environment with loyal customers. The small stage is filled with live music every week, attracting a full house.

Property Features and Assets:

The property is ~1,400 square feet with a loft space for office and storage. The kitchen is fully equipped with vent hood, 3-compartment sink, grease trap, mop sink, hand sink. Shared historic (1940's) retail space with bike shop, located centrally on the historic Plaza. Ceilings are 14' with modern acoustic ceiling tiles. The space was brought up to code during the 2005/2006 renovations.

Market Competition and Expansion:

This coffeehouse is the only of its kind locally, though coffee is served at the campus cafeteria and the local brew pub and the local 'greasy-spoon' cafe; three venues promote live music. This space is unique because it's a true coffeehouse, following the mission of serving excellent espresso drinks and associated foods. There is room to expand to a beer/wine license and add a dinner menu.

Additional Details:

• The property is owned.
• 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.