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Business For Sale

Upscale Coffee House

Des Moines, WA

Food & Beverage: Coffee, Cafe, Dessert

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$90,000
$152,317
$49,870
$49,870
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$45,000
Not Disclosed
1998
4
237611154

Business Overview:

Well established coffee house in downtown Des Moines. Originally established in 1998, this coffee house has a high visibility location on the corner of the main street. The business has upscale surroundings, a bright and cheerful atmosphere, a warm and cozy fireplace, and charming antique decor. It serves espresso drinks, smoothies, bubble tea, Panini and gourmet sandwiches and crepes. There is 1,200 square feet of space with seating for 45 inside and 12 outside. The Seller does not work the business and has done no promotion or advertising. This is perfect for the owner operator. The new owner could easily add delivery service and catering. The Seller has family issues and other business interests and is very motivated to sell ASAP.

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 business is located in downtown Des Moines. It resides on the corner of the main street with high visibility. The monthly rent is $1,400 plus Triple net charges of $464 per month. The lease runs till 1/31/2015 and has a 5 year option to extend. There is 1,200 square feet of space with seating for 45 inside and 12 outside.

Market Competition and Expansion:

There is no immediate competition in the area. The business has been successfully established since 1998 and is a favorite local meeting place.The current owner does not work at the business and has done no promotion or advertising. The business needs an owner operator to add that personal touch. The new owner could add a delivery service for sandwiches and other fare and start a catering business to the local community.

Reason for Selling:

Seller is absentee and has family issues.

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.

Resources: