Coffee Cafe with Full Kitchen

Tempe, AZ
Maricopa County


Asking Price: Annual Revenue:
$75,000 $267,493

Food & Beverage: Coffee, Cafe, Dessert


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RE: Coffee Cafe with Full Kitchen Broker: Sheryl Reese
License #: BR005917000

Quick Facts

Asking Price: $75,000
Annual Revenue: $267,493
Net Profit: Not Disclosed
Cash Flow: $93,623
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 3
BBN Listing #: 971143913
Broker Reference #: Not Disclosed

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Business Overview:

FULL KITCHEN - 5-DAY-WEEK - BREAKFAST & LUNCH with FULL COFFEE/ESPRESSO MENU.
The Kitchen is very large and perfect for catering & deliveries.

Sales represented are for 2019 (Pre COVID) and represent what this business is capable of producing. Business has been closed since March 2020 due to COVID.

The employees in the building have been working from home since COVID. But now have started coming back to the offices. Recovery is expected within the next few months since the vaccinations are now available.

Kitchen equipment belongs to the Landlord. Tenant is responsible for maintenance.
Seller will train for 2 weeks. Seller will give a Covenant Not To Compete for 5 years & a 5 mile radius.

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Property Features and Assets:

Located in an upscale mid-rise office building which has been 100% occupied. 2,290 square feet. Monthly rent: $1,750 & includes utilities (Water-Trash-Electric) Lease deposit: $1,650. Lease expires August 31, 2022 & has a 5 year option to renew. Great Tempe location with plenty of parking.

Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner is not 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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