Two Established Coffee Cafes

Denver, CO
Denver County

Denver Metro Area


Asking Price: Annual Revenue:
$520,000 $516,948

Food & Beverage: Coffee, Cafe, Dessert


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RE: Two Established Coffee Cafes Broker: Kevin Waide

Quick Facts

Asking Price: $520,000
Annual Revenue: $516,948
Net Profit: Not Disclosed
Cash Flow: $194,259
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 2405708
Broker Reference #: 5562

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Business Overview:

In the food and beverage service business, experts say location is critical for success. This Company has two coffee cafes located in prime facilities in the Denver metro area. They are “We Proudly Serve Starbucks” establishments, serving the popular drinks you typically find at a Starbucks location. This association with Starbucks is a huge draw for the employees and customers they serve. Some food and snack items are provided by outside vendors, however much of the food is prepared onsite. Because the cafes are located inside the buildings, there are no advertising expenses and there is virtually no competition for the items they sell. These are not kiosks. All employees are part-time. Being a “Barista” is an appealing position so they have little problem attracting young people to work for them. Many stay on for an extended period of employment. Having a location on the main floor of each of the two buildings provides a steady stream of customer/visitor traffic during their hours of operation. Many of the employees working in these facilities are regular patrons. This results in predictable sales for both business. Revenues and income for 2022 is expected to exceed the results reported on their June 30, 2022 trailing twelve month P&L. Both buildings are implementing expansion plans which bodes well for future growth for the two cafes. This is an excellent business opportunity for someone interested in the food and beverage industry and an affiliation with the Starbucks brand.

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Property Features and Assets:

2 Locations operating in busy well established medical facilities.

Reason for Selling:

Retirement

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 not a franchise resale opportunity.

Relevant Links:

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