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- RE: Renowned Coffee & Dessert Shop
- Contact: Small Business
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $810,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $145,791 | |
Total Debt: | Not Disclosed | |
FF&E: | $350,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 9 | |
BBN Listing #: | 940246 | |
Broker Reference #: | 848 |
Business Overview:
Located in a quaint city, this renowned coffee and dessert shop is well known for its exceptional offerings. The shop offers an extensive menu featuring a diverse selection of coffee, tea, delectable desserts, and savory options.
Enjoying popularity among both locals and tourists, the shop has cultivated a strong customer base. The ambiance of the space is warm and inviting, providing a pleasant environment for customers to relax and socialize.
In addition, the shop is situated in a popular tourist destination, known for its frequent festivals that attract visitors throughout the year. Positioned in the heart of the city’s downtown, the shop benefits from significant foot traffic.
Before the Covid-19 pandemic, the shop consistently generated approximately $1,000,000 in annual revenue. Following adjustments to its operating hours due to the pandemic and the owners’ impending retirement, revenue decreased slightly. However, it is anticipated that restoring the shop’s previous operating hours would enable it to achieve the $1,000,000 revenue benchmark once again.
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Property Features and Assets:
Features the shop space, seating area, and large kitchen.
Market Competition and Expansion:
Investment Highlights Include:
- Established & Well-Known
- Diverse Service Offerings
- Excellent Location
Growth Opportunities:
- Lengthen Operational Hours
- Increase Online Orders
- Expand Availability of Specialty Experiences
Reason for Selling:
Ownership would like to pursue retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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