Seller's Contact Information
- RE: Iconic Coffee Shops W/Roasting In Excellent Loc.
- Contact: Jason Blair
Quick Facts
Asking Price: | $950,000 | |
Annual Revenue: | $1,777,559 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $184,096 | |
Total Debt: | Not Disclosed | |
FF&E: | $496,985 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 19 | |
BBN Listing #: | 637152348 | |
Broker Reference #: | 59071-169728 |
Business Overview:
Multiple gorgeous and lucrative coffee shops in diverse areas of Portland plus the brand’s coffee roasting business with a retail component will be sold as a package. With a strong customer following and tourist’s acumen, these shops have become one of the iconic coffee house chains of Portland. The coffee shops offer Portlanders a breather from their active lives with high-quality products, easy-going service, and stunning spaces for customers to enjoy a hot or cold beverage.
The business opened their first shop in 2010. They continued to grow having multiple shops in diverse areas of Portland serving distinct demographics of the city. Roasting became a big part of the success of all shops when they began roasting their own beans.
The united states coffee market is projected to grow. The factors majorly driving the market growth are the increasingly busy lifestyle and long working hours. This has led the coffee chains in the United States to become more popular among customers, who enjoy their coffee on the go. Also, the consumer’s in the United States demand premium products that emphasize quality and therefore, they flock to top-notch coffee houses where coffee quality is the biggest reason for repeated visits. This is also a business that can easily continue to operate in spite of business restrictions resulting from the COVID virus.
Expand into a catering side of coffee with and establishing corporate relationships around Portland to be their source for coffee for meetings and events. Make the move into wholesale operations and sell beans and tea to local grocery stores and online. Work on expanding hours for a couple of locations too weekends.
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Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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