Coffee / Bistro for Sale – Revenue back up in 2021

Not Disclosed, OK
Canadian County


Asking Price: Annual Revenue:
$350,000 $565,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Coffee / Bistro for Sale – Revenue back up in 2021 Broker: Scott Davis

Quick Facts

Asking Price: $350,000
Annual Revenue: $565,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 12
BBN Listing #: 113339896
Broker Reference #: 6953-934647

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Business Overview:

This coffee house, nestled in a large shopping center offers a diverse and unique menu. The 2,800 square-feet space boasts a well-equipped kitchen as well as a large dining room for customers to meet, eat, drink and relax. Due to the built-in audience of shopping center environment, the owners have introduced a variety of new menu items. Sales are on pace to increase 14% over 2019.

The business is staffed with a combination of Part Time and Full Time employees. Owner works in a management role and would like to sell now and focus on other investments.

Opened in 2017 in the newly constructed shopping center, the owners put $300,000 into the buildout and design of this business. It’s now turnkey opportunity and can be operated “as-is” right away, but a new owner would have full autonomy to add their own touches. Whether it be small menu changes or a complete overhaul - everything required is included in the purchase of the business.

Key Aspects
• 28,00 Square Feet restaurant. Lease stipulates only coffee house permitted in shopping area
• Indoor and outdoor seating available
• 11 Part Time and Full Time staff

Growth Opportunities
• Can be purchased “as is” or converted to new owner’s concept
• Continuing growing customer base with rewards and frequent shopper promotions

Shareowner’s Objectives
• Owners have decided to divest some of their businesses as they reach retirement. Willing to help in the transition however is necessary and will provide all the secrets of their success in the 5 years of being open.

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Reason for Selling:

Retirement

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.

Relevant Links:

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