TEMPE, Arizona
| Asking Price |
$450,000 |
Year Established |
|
|
| Annual Revenue |
$635,000 |
Reason for Selling |
|
|
| Annual P/L |
$140,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
1009528 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
If you are looking for a turn-key clean franchise coffee shop/cafe restaurant in a great location in Tempe near ASU with tons of traffic and surrounding corporate tenants that specializes in Middle Eastern deserts and coffee then look no further with only a 5% of gross franchise fee and also all franchise transfer fees included in the price. This business is currently absentee run with the owner spending less than 10 hours a week at the location. The cafe has staff in place 1 FT manager and 5 PT employees and located in Tempe. The business boasts $125,000 worth of FF&E inside an over 2000 sq.ft. suite. The lease is only $7190 with 3 years left and a 5 year option. Seller is offering seller financing terms with $350,000 Down and $100,000 for 3 years at 6.5%. Hurry up this will go quick especially with the location and lease and price!!!
Property Features and Assets:
<p>2000 sq.ft. storefront in a busy area<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with a dedicated owner.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity