Seller's Contact Information
- RE: Coffee Café Busiest St Corner In Seattle
- Contact: OBecky Smith
Quick Facts
Asking Price: | $179,000 | |
Annual Revenue: | $283,373 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 5,800 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 8 | |
BBN Listing #: | 381951531 | |
Broker Reference #: | MUNEWSEA |
Business Overview:
This coffee shop café has a 5-star rating on location. It is situated on maybe/probably the busiest street corner in Seattle. EXTREME high traffic coming at you from two different directions all converging at your front door. Lots a many of both people foot traffic and automobile slow-moving traffic.
This coffee shop café sits (in the same building) to a Solid Big name retail anchor business. So yes you get a steady stream of potential customers not only from this big anchor business but also from the high traffic street corner.
There are also more real good things to brag about being in the same building as a major name anchor business, security is only a few feet from your front door (how’s that for peace of mind)? This major anchor even has lite grocery shopping available for you just a few feet away from your front door.
The lease here also has a 5-star rating, at only $4200 per month all the water, sewer, electricity, recycling, and garbage costs are included in the monthly lease. And this lease has lots of life left. Also has many other money-saving clauses in it to benefit you the tenant. You should check it out it’s better than most other leases. You do not even have to maintain the restrooms. (how clean is that)?
The square footage is 1338 with lots of prep room and even extra storage for you. Seating capacity in café is 25 but also has a foyer area and additional seating is available here too. Above this café is 3 floors of office space that is filling up as we speak so over time this too will provide customers to you probably long-term customers if you take care of them.
This business is simple and easy to learn and transition into so you do not have to work full time here, current owner is absentee. This business lends itself well to the new owner limiting his work hours. This is not a franchise so you have creative freedom to modify the menu and décor to fit your business plan. You also don’t have to deal with any additional costs and franchise restrictions.
There is no type 1 hood here but for a coffee shop lite café, you do not need one. As a coffee shop café owner, this is a dream business opportunity this location is a money location with a guaranteed very high customer base at your front door. The lease here is 5 stars too, it’s pretty sure someone is going to do well here why not you?
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Property Features and Assets:
The monthly lease is very attractive at only $4200 per month. The lease expires in March 2030. This monthly lease also covers all your water, sewer, electricity, recycling, and garbage. The location of this café is at the entrance of a major anchor business that draws a lot of people all day every day. Square footage is 1338 with a seating capacity inside the café of 25. The café opens to a big foyer which greatly extends the seating and your customer area. Lots of additional storage for you in the back. Free garage parking is available. Other option clauses in the lease are tenant termination clauses, and a rent reduction clause if forced closures. All equipment is owned and included in the sale.
Market Competition and Expansion:
All the foundation and establishing groundwork is put in place for you. Currently owner absentee, so if a new owner could be part of the daily operations, then labor costs would be reduced even up to significantly. Currently operated by 2 FT and 6 PT employees. No real marketing needs to be done as this location is a money location and a high volume of foot traffic walks past your front door on a daily basis. Other coffee shops and café owners can only wish to have a customer base this strong. This café is situated on probably the busiest street corner in Seattle. There is EXTREME high traffic coming at you from two different directions all converging at your business’s front door. As a business owner if that kind of customer base doesn’t get you up and going then put another shot or two in your morning espresso cause you need to wake up.
Reason for Selling:
Seller to pursue other interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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