Seller's Contact Information
- RE: Tea & Coffeehouse For Sale #532
- Contact: Ben Strake
Quick Facts
Asking Price: | $20,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 11 | |
BBN Listing #: | 150647756 | |
Broker Reference #: | 532 |
Business Overview:
This coffee shop offers a wide range of tea and coffee in a happening neighborhood. They also have an excellent assortment of pastries and sandwiches. This franchise is on fire to possibly triple in size over the next few years. There’s room for expansion in the St. Louis area to other happening neighborhoods. While being part of a franchise the current owner suggests that only a small portion of income is targeted as a giveback to the head office while the remainder stays in the community giving the shop more of a small guy atmosphere in the neighborhood. Since this is the only one in the area, it’s an opportunity to begin small and eventually move into other neighborhoods that will cherish someone other than that big chain that everyone knows their name.
The new buyer must assume sellers’ current debt on this business! For a new buyer to duplicate this existing business, it could cost as much as $580,000.
For more information, call 314.548.2153 or info@premierbb.com.
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Property Features and Assets:
Building Lease 2,000 sq. ft. @ $3,500 per month
Market Competition and Expansion:
Other Restaurants
Reason for Selling:
Change of Life Circumstance
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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