Business Overview:
This specialty coffee outlet is located in one of Long Beach’s most visible and high foot traffic locations. This provides the new concept the ability to not only have a captive client base in a proven coffee-oriented location, but the dominant location also eliminates much of the need for heavy advertising to draw customers to the location. As it stands, visitors to the popular destination will be hard pressed to not come of aware of the brand’s dominant presence.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This 900 square foot location with a variety of shared customer seating areas leases for $6,828 per month plus an additional $600 for its utility allocation on a lease until January 2028. As the current brand is part of a larger concept, signage, menu boards and brand specific items will not be included in the sale however universal furniture, fixtures and equipment will be included. The ‘location’ goodwill will also transfer as despite the name not being included, coffee-oriented customers will be highly likely to continue to frequent any new coffee-oriented replacement.
Market Competition and Expansion:
While competition exists, the location offers landlord curated and enforced exclusivities for tenants. As such, while the venue is already the known for specialty coffee products, any alternate or additional menu offerings will need to approve landlord consent.
New operators will want to capitalize on the dominant location’s high visibility and high-foot traffic with another coffee related concept, ideally with a broader supplemental complementary product offering.
Reason for Selling:
Personal
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.
Relevant Links: