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Daily Grind Coffee Shop & Restaurant

Forest City, North Carolina (Rutherford County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $329,000 Inventory $5000** 
Gross Income $ 175,000 Real Estate $275,000* 
Cash Flow Not Disclosed Year Established 2000
FF&E $75,000* Employees 3

* included in the asking price

** not included in the asking price

MOTIVATED OWNER; BRING OFFERS ! Owner will sell Business only for price to be negotiated and lease back building, or sell entire package for $ 329,000. Outstanding opportunity to purchase beautiful coffee shop & breakfast/lunch business with many options for expansion & growth established for eight years, but expanded into adjacent store in august of 2007 store sale have averaged $ 20,000 monthly since, with continual growth pattern owner will sell business only for a price to be negotiated, and lease the building and land back to the buyer, with an option to purchase at a later date downtown forest city is a very active community, and retains a small town western north carolina feel, attracting lots of shoppers and diners, as well as seasonal festivals and shows short driving distance to charlotte, asheville, spartanburg, greenville, etc. hours are mon-fri from 7:00-5:30, and 7:00-2:00 on saturday 5-6 employees plus owners income and expense information available upon execution of a confidentiality agreement this vintage brick building is in excellent condition, with all new roof, handicapped restrooms, kitchen, flooring, air conditioning/heating, plumbing & electrical seating for 36 inside, and up to 120 outside, where owners have done catered affairs, and occasionally hosted events with musicians for holidays or other dates price includes all fixtures, furnishings, equipment, inventory, and improvements situated on 4,791 sq ft lot, with 32 foot frontage on main st, which expands to 50 feet in rear where patio is located plentiful free street parking in this busy downtown area, with a couple of spaces in the rear for employees new improvements to the downtown will favor evening hours, and other upside potential could include beer/wine license, expanded delivery areas, outside catering, sunday opening, etc .

Facilities: Complete renovation and remodeling of 1,561 sq ft vintage brick building in downtown Forest City

Competition: Located in the heart of the busy downtown district

Growth/Expansion: Easily expandable hours and menu options, and downtown upgrades and activities continue to spur growth

Support/Training: Negotiable

Reason Selling: relocating

Business For Sale By

Pat Calhoon

727-542-0998

Calhoon Real Estate

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