Coffee/Cafe on Huge University In Phialdelphia

Philadelphia, PA
Montgomery County

Phiadelphia Pa-At a Large University

Asking Price: Annual Revenue:
$249,000 $620,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Coffee/Cafe on Huge University In Phialdelphia Broker: Seller of Business
Owner Financing is Available!
Possible Partial.

Quick Facts

Asking Price: $249,000
Annual Revenue: $620,000
Net Profit: $140,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 8
BBN Listing #: 475257006
Broker Reference #: Not Disclosed

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Business Overview:

This is an amazing opportunity. Pandemic is not stopping this incredible opportunity.

Very Cute coffee and sandwich shop on the grounds of a large university in Philadelphia, Pa. Next to a new housing area of 3000 units and in proximity to lots of business activity. The administration department of this major university has 1,000 employees and just moved to the same block as the Cafe. This is an incredible opportunity for anyone looking to be part of a growing brand enjoying success in multiple areas. The growth in this business over the next few years will be astronomical.
The business has approximately 2,200 square feet with a monthly rent payment of only $3,800.00/month. The lease also includes all utilities. The lease has 3 1/2 years remaining and is assignable with an approved tenant.
The business is generating approximately $620,000 in annual gross revenue with a lot of room for growth. Absentee owner revenue (SDE) from the business exceeds $140,000 per year.
Business is offered at $249,000 with $60,000 in FF&E. Inventory of approximately $5,000. Both inventory and FF@E are included in the sale.

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Property Features and Assets:

2,200 Square feet leasing- Low $3,800.00 lease with 3 / 12 years remaining. It includes utilities. Owner spent over $300,000 to build it out.

Reason for Selling:

Moving out of state.

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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