Retail - Other Eating & Drinking Places | Retail - Other Food Stores

Asking Price	$375,000	Inventory	$55,000**
Gross Income	$762,963	Real Estate
Cash Flow	$138,201	Year Established	1989
FF&E	N/A	Employees	7ft 5pt

* included in the asking price

** not included in the asking price

This independent gourmet coffee shop is located in the heart of an upscale town and is open 7 days/week but no nights. The business buys the finest, highest grade coffee beans from a local proprietary roaster. It sells a variety of freshly brewed coffees, baked snacks, coffee beans, specialty foods, teas, chocolates, brewing accessories and gift baskets. The retail shop has the ability to do their own roasting and occassionally roasts green coffee beans in the shop. A new owner could either roast in house or buy roasted beans wholesale from the proprietary source.

Facilities: The retail location is on one of the main streets in town with 2,200 sq ftt floor space plus a full basement. Parking is adjacent to the building. The lease is $2,250/month, with only one $100/month increase before 2022 and is 1/2 of market rates.

Competition: All competition has been established for at least 4 years, except for one 2 year old national chain shop. This had a limited effect on over the counter sales, with no discernable effect on bean, gift and accessory items. Competitive advantages are quality, freshness and uniqueness of its coffee because of the quality of the beans they buy and their custom blending techniques. A large, loyal customer base supports this claim.

Growth/Expansion: They offer a modest lunch menu which can be further expanded. Opening longer hours (they close before 6 pm) could boost sales. Also, more seating could be added

Support/Training: The seller is willing to work with the buyers through a reasonable transition period.