LONG BEACH, California
| Asking Price |
$575,000 |
Year Established |
2020 |
|
| Annual Revenue |
$1,368,924 |
Reason for Selling |
Personal |
|
| Annual P/L |
$81,014 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$165,205 |
Listing Number |
999804 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
This 2 location coffee concept with café offering provides its patrons a welcoming neighborhood atmosphere that combines the charm of a cozy coffee house or cafe with the energy of a convivial gathering place, offering a carefully curated menu of coffee, specialty drinks, and light bites. Known for their friendly service and warm atmosphere, this chain has become a go-to destination for area residents and visitors for casual meetups and quiet moments of relaxation. Through their formula for success, the venues have attracted a loyal base of regulars who value quality, consistency, and community connection over name brand chains.
Property Features and Assets:
<p>This chains locations are 1k and 2.1k square feet, and lease for $5.1k and $5k per month, respectively, on secure long-term leases until January 2027 with options to be negotiated, and April 2028, with two 5 year options. All of the company’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $10k in inventory will sold at cost at close in addition to asking price.</p><p> </p>
Market Competition and Expansion:
<p>While the area that both locations are situated in have no shortage of coffee shops and cafés, they mostly resemble quick service concepts or large-scale chains that prioritize convenience over ambiance and character. These independent oriented locations compete by highlighting unique blends, pastries, and aesthetics, while simultaneously balancing quality, ambiance, and community connection in a way that fosters long-term loyalty. This formulate creates an opportunity for these establishments to differentiate themselves and standout in a crowded marketplace.</p><p>With a strong foundation of loyal customers and a reputation for quality, this brand has significant room to grow by expanding its menu offerings, introducing seasonal specialties, and enhancing its presence through local events and collaborations. There is also opportunity to broaden its reach with catering services, partnerships with nearby businesses, or even additional locations. By leveraging its community-driven appeal and maintaining its commitment to consistency, it is well positioned to capture a larger share of the market and build long-term sustainability. For those with grander plans, the brand has now learned best practices with two different types of retail footprints and in areas with slightly different demographics, which they can capitalized on when opening additional locations.</p><p> </p><p> </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