National Coffee Shop Franchise - $400K Invested

Business Overview:

This national coffee shop business celebrates classic café fare alongside globally influenced coffees and teas in a classic and friendly environment.

It generated close to $400,000 in average revenue during the last two years, and the current owner has been running it semi-absentee as he was transitioning back to a corporate role that aligned with his passion.

A more dedicated owner can easily grow this business by implementing additional marketing and building on local community engagements.

The current owner has invested close to $450,000 in leasehold improvements, furniture, fixtures, and equipment to create a truly modern coffee shop experience at a popular location in Ocean County.

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Property Features and Assets:

The business is located in a 1,740 square feet modern facility in a newly built lifestyle center next to an enclosed mall. There is lots of parking, allowing the business to host car shows and attract more patrons. Assets = $446,632

Market Competition and Expansion:

There are other coffee shops in the area. Still, with the growing demand for quality coffee shop experience, this business is uniquely positioned to capture a bigger portion of a growing market. Coffee & Tea businesses have been growing at 7% to 10% annually. 83% of Americans drink Coffee daily, averaging three cups per day. Coffee shops are a fragmented category outside of Starbucks; two out of three consumers prefer other local coffee shops. Several growth opportunities exist for the business to engage with active community organizations and bring more frequent customers using a loyalty program. The neighboring stores close to this business are poised for expansion which will also increase the foot traffic for the business.

Reason for Selling:

The owner has returned to a corporate role.

Additional Details:

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