Coffee Shop-Art Supplies, Custom Framing & Gallery

Not Disclosed, WY

Asking Price: Annual Revenue:
$169,000 $327,071

Food & Beverage: Coffee, Cafe, Dessert

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RE: Coffee Shop-Art Supplies, Custom Framing & Gallery Broker: Joe MacGuire
Owner Financing is Available!
$152,100 down/$16,900 over 60 months @ 5%.

Quick Facts

Asking Price: $169,000
Annual Revenue: $327,071
Net Profit: Not Disclosed
Cash Flow: $69,650
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 71324955
Broker Reference #: 7503-16372

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Business Overview:

High End Coffee Shop and Art Gallery combined with a traditional art supply store catering to all artists amateur through professional, art courses, custom framing, yarn, and knitting supplies. Located in a restored downtown building listed on the national historic registry, this well-lit, beautiful shop caters to serious artists that want to see and feel the tools and supplies used in their craft. Carrying the finest brushes, paints, knives, pencils, pastels, inks, papers and other supplies, this is an old-time specialty art supply store with a very loyal clientele. The store offers art classes, knitting club and other social gatherings. The coffee shop and art gallery are the perfect place for gatherings or for some quiet time on the Internet. The store specializes in custom framing and caters to clients all over the State with the largest supply of framing materials, mats and specialty glass in the region. the Coffee Shop caters to traditional coffee drinkers that crave high end custom roasted coffees, espressos and baked goods.

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Property Features and Assets:

Located in approximately 4,500 square feet, the store is divided into a retail area and a second art gallery / coffee shop. The natural division of the two spaces lends to the quiet and quaint atmosphere in the art gallery / coffee shop versus the bright colors and vibrant conversation in the retail area. The store is located in a beautiful building that is on the National Registry of Historic Buildings. The business has been in the same location for over 70 years. With modern wood-grain vinyl plank floors, wall colors and bright natural skylights to create a beautiful and inviting atmosphere that is enjoyable for all. It is just a wonderful shop to walk into and browse, even if you are not an artist. The retail offering includes gallery quality art, stationary, note cards and fun toys for the kids. It is a must stop for a quiet moment with a wonderful coffee or espresso while shopping downtown. You are sure to meet an old friend or make a new friend in this warm, friendly shop. Assets = $103,000.

Market Competition and Expansion:

The competition for the shop comes from the big-box stores in the area. This business concentrates on higher-end tools and supplies that are typically not offered by the large chain stores. The art and supply side of the store caters to customers that are looking for selection, the shopping experience, advice and friendship. On the framing side, most of the competition is from big-box stores selling pre-made frames. This business specializes in premium custom made frames, matting and glass for special art. The gallery has a very good reputation with a list of artists that want to display their work in the shop. The gallery does not compete with other galleries typically found in the western part of the State. The coffee shop caters to more discerning guests looking for the ultimate coffee beverage combined with a beautiful and quiet place to meet. There are competitors in the area, but they cater to a different clientele. Sales are growing. The Coffee shop is taking off and is the new place to meet. The response to the coffee shop has been overwhelmingly positive and the owner anticipates continued strong growth in the coffee shop. This is a retail business in a time of big box stores and on-line orders. Growth is accomplished through customer service and earning customer loyalty. The coffee shop is a key component to set this business apart from impersonal on-line sources. All of the different parts of this business compliment the others and combined, it is a very stable, fun and rewarding business.

Reason for Selling:

Owner is ready to retire.

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.

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