Business For Sale

Coffee Shop / Lite Café - Great Downtown Location!

Kent, WA
King County

Downtown


Asking Price: Annual Revenue:
$35,000 $95,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Coffee Shop / Lite Café - Great Downtown Location! Broker: David Smith

Quick Facts

Asking Price: $35,000
Annual Revenue: $95,000
Net Profit: $1
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
BBN Listing #: 994151531
Broker Reference #: ds/hanken

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Business Overview:

Coffee shop lite café great downtown location. Beautiful furniture and décor throughout, really high class definitely not your typical coffee shop set up. Not only beautiful furniture but very comfortable furniture. Offers lots of room with 1700 square feet. Behind the counter 3 or 4 employees could work very comfortable without being in each other’s way. Has a private meeting room that seats eight. Café seats 32 but could easily fit more. Has outside seating too. Also has a big private office with a window. The monthly lease is very reasonable especially since you do not have to pay any electricity, no water bill, and no garbage bill.
Oh, and by the way, the landlord even takes care of cleaning and resupplying the restrooms so you no have to worry about that (cost, energy or time) either. Easy and fun business to get into and learn. This is not a franchise so you have the freedom to be creative with your menu and no franchise fees owed and no franchise restrictions on how to run your business.
True entrepreneur, you’re in charge of your business and it’s direction. Many government buildings and office buildings all around this café so there is so many people and offices to offer catering to, sandwiches, coffee, and other snacks or finger foods, bubble tea or smoothies. Other ways besides catering to increase the sales are to have an owner-operator in place overseeing the day to day activities. It would cut labor costs and ensure customer service is A++. Another good idea is current owner has no business website or FaceBook or other social media presence at all. New owner needs to correct all this.

Current owner leases out this space on Sundays for a couple of hours to a church group so they can hold their worship services. (leases the space to them for an extra $500) The owner has closed on Sundays anyway, so why not make the extra $500? It makes good cents. (good dollars and cents) This coffee shop café closes at 5 pm every day so that leaves evenings that this space could be rented out. Beautiful furniture and décor and in downtown and few if any other meeting places available in the area. It makes good cents to rent out this space. Maybe this another good revenue idea opportunity.

Current owner has a full-time job and has owned this café for only a few months but his full-time job commitments have increased so he is not able to give the kind of time, energy and attention to this business as he would like. This is a good business at a giveaway price it just needs an owner who can give it love and attention.

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Property Features and Assets:

Monthly lease is $3,500 per month, electricity, water, garbage is all covered in this monthly lease rate. Also included is the landlord will clean and resupply the restrooms for you. Lease is assignable and renewable and landlord willing to give long term lease. Current lease expires Dec 31. 2018. This is a coffee shop lite café, there is no hood. 1700 square feet, seats 32 in main café area but could fit more. Nice furniture and décor. Also has a private meeting area that seats 8 also has a fairly good size private office with a big window. Offers a few outside tables and chairs as well. Plenty of parking with street parking and a parking lot.

Market Competition and Expansion:

The new owner could lease out this space meetings and parties by the hour as it has beautiful furniture and décor and is in downtown and few if any other meeting places available in the area. Not a franchise so you can make your own niche café. Well-lit and clean family friendly atmosphere.

Reason for Selling:

Current owner has a full-time job

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 a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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