Owner Financing is Available!
Business Overview:
Incredible opportunity to own coffee house franchise established for over 12 years and situated in the heart of large busy shopping mall that is being visited by millions of people. Business operated under concept similar to Starbucks offering great variety of hot and cold drinks and baking goods, carrying close to 50 different varieties of coffee beans including some of the most difficult to get, coffee pots and mugs. During the holiday season variety of gift baskets are being offered as well. Surveillance CCTV monitoring system enable owner to monitor business from his home. Business open 7 days from 9am to 10pm. Easy, turnkey business to run. Strong franchise backing. Price just was lowered from $185,000 for quick sale. Do not miss this opportunity. To qualify Buyer must have Net worth of at least $400,000 out of which $200,000 must be in liquid assets.
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:
Coffee house located inside of indoor large shopping mall in Suffolk County. Occupies 1,000 sq. ft.. Lease expires 2015. Ample parking.
Market Competition and Expansion:
Currently business is operated as an absentee owner. If the business operated by actively involved owner he should be able to increase net profit by at least 50% by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding sandwiches could dramatically improve business as well.
Reason for Selling:
Owns 3 others - same franchises in Pittsburgh
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.