Seller's Contact Information
- RE: Espresso Stand Hot Location W/Drive Thru Window
- Contact: Becky Smith
Quick Facts
Asking Price: | $89,000 | |
Annual Revenue: | $171,627 | |
Net Profit: | $1 | |
Cash Flow: | $1 | |
Total Debt: | Not Disclosed | |
FF&E: | 9,312 | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 5 | |
BBN Listing #: | 86051531 | |
Broker Reference #: | WGCWO |
Business Overview:
Fully equipped espresso stand with a drive-thru window. Established, easy to learn, manage and transition into. Great opportunity for a coffee lover to own their own coffee business. Absentee owners, baristas, and business investors are all welcome to check this out to see if this is just the right temperature for you.
A high-traffic location that’s been here for almost 20 years. So lots of coffee has been brewed here and the landlord is willing to give a long-term lease to you the new owner. The monthly lease is only $1650 and this includes your water costs.
This purchase includes this espresso stand, a storage shed all the equipment, and lots and lots of goodwill. But if this busy street corner doesn’t do it for you, well you can just pick up and move this coffee business to another area as you will own this espresso stand.
But I am very sure you will like this location as it is very well known with a long line of loyal customers. There is a major grocery chain right across the street that just stays busy all day every day. That sure comes in handy for the last-minute needed supplies too.
Lots of extra parking at this espresso stand. Next door even offers a restroom for your employees. 5 part-time employees and the owner operate this simple business. I am told between wages and tips employees can make between $30-$50 per hour. That’s pretty sweet wouldn’t you agree?
The closest competition with coffee drive-thru is 2 to 3 miles away. Talk about owning the neighborhood, you have this whole neighborhood to yourself. Signage and visibility are very good from the street.
Annual gross sales are about $175,000 that’s pretty good, especially keeping in mind the size of this business is only 30-50 square feet. Lots of small restaurants don’t make that much in annual gross sales. And you do not have all the overhead costs that they do either.
All equipment including a nice picnic table, a big table umbrella, and a website are all included in this purchase price. The seller will provide all the necessary training to make this transition very smooth for you. Next time you are in the Redmond area please stop by and check out the coffee and this location. The $$$ line moves quickly.
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Property Features and Assets:
The monthly lease is $1650 which includes your water costs. The landlord is willing to give a new owner a long-term lease here. Any offers made would have a lease to your satisfaction or you could cancel the deal. This espresso stand and a storage shed are included in this purchase price. Located on a busy street corner with lots of anchor businesses close by that help to keep this area hopping with customers. This espresso stand has a water tank there is no plumbing.
Market Competition and Expansion:
The closest competition with coffee drive-thru is 2 to 3 miles away. Great investment opportunity, fully equipped, fully established expresso stand with a DRIVE THRU. Located on a high-traffic street and has been at this same location for about 20 years serving up hot espresso coffee drinks. This is not a franchise, so you have complete freedom to enhance the menu to your tastes. Operating hours are 6 AM to 6 PM on weekdays and 7 AM to 5 PM on weekends.
Reason for Selling:
Seller wants to move out of state
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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