Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$179,000	Inventory
Gross Income	$217,330	Real Estate
Cash Flow	$50,000	Year Established	2006
FF&E	N/A	Employees	5

* included in the asking price

** not included in the asking price

Espresso Lane is a coffee shop and restaurant located on the Historic Downtown Square in Newnan, Georgia which offers a variety of tastes and flavors to excite the senses. One of the few remaining coffee and tea houses in Atlanta that boasts fresh roasted coffee and hand tamped espresso, this unique gem sits quietly on the busy downtown square. As the gallery of the Newnan Coweta Art Association, the walls come alive with current paintings and photography against the brick and plaster walls of another generation. Whether one comes to find solace and enjoy the coffee, teas, espresso, fresh baked pastries, live music, homestyle soups, quiche or the made to order sandwiches they need not look any further. Awarded best coffee in 2009 by Lifestyles Magazine. Espresso Lane Newnan, LLC began business by acquiring a coffee shop in Downtown Newnan in August of 2008. The first month s sales of $14,298 were 5% greater than sales year to date for August. Each month s sales year to date since the purchase have risen an average of 5% to 8% consistently. Total sales for 2009 are projected to be $217,330, based on continued sales increases in historical growth of 12 month sales volumes from the twelve months ended July 31, 2008 to the twelve months ended April 2009. Full training and support is included in sale. Owner will pull out over $50,000 this year after all expenses and the paying down of debt. Priced at $179,000 with Owner financing options.(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, and or Ownership. Documentation and Inspections will be provided upon request)

Facilities: Espresso Lane is located on the west side of the Historic Downtown Square in Newnan, Georgia just minutes off I-85, south of Atlanta at 22 West Court Square, Newnan, Georgia 30263. Newnan is a common stop for many tourists and locals that visit many of the small historic areas that make up the south Atlanta area and is home to many outdoor markets and festivals. 1700/sf. Long term lease at $2300 per month includes all extras. Seating for 50 plus outdoor seating. Espresso Lane has had up to 100 guests on nights they do live music.

Competition: None

Growth/Expansion: Unlimited

Seller Financing Available: Yes

Financing: negotiable

Support/Training: Full Support/Training included

Reason Selling: focusing on RE Development business