Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$90,000	Inventory
Gross Income	$225,000	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	$65,000*	Employees	1 FT Mgr + 6 PT

* included in the asking price

** not included in the asking price

High volume coffee shop in a high traffic location offers coffee drinks, pastries, muffins, quiche, soups, bagels and breakfast sandwiches. This small (only 1,000 sq. ft.) shop with limited seating inside plus a few outside seats is packed with customers throughout most of the day. Its location would be considered the best in town due to the high concentration of foot and auto traffic. Sales for 2007 should top $225,000 making it one of the highest sales-per-square-foot coffee shops in town with a very loyal customer base. The shop is open 7:00am-6:00pm Monday-Saturday and 8:00am-5:00pm on Sunday. A full time baker makes everything sold in the shop and the coffee is organic. The shop currently has wholesale acccounts delivered daily for some of its pastries. Major assets include 2 convection ovens, large espresso machine, grinders, POS system (leased to own at $250 per month), large mixer, refrigeration and bakery equipment. Approximately one-third of the space is kitchen area and the remainder customer area has 18 seats. Over $120,000 was invested in the business originally. The shop is operated passively. An owner/operator will no doubt have better control over high labor and cost of goods, increasing net income. Perfect for an owner operator ready to jump into a very busy and popular shop.

Facilities: 1,000 sq. ft. retail space leased at $2,172 per month, including CAM. Lease is 5 years.

Competition: The shop is located in an area with a high concentration of coffee shops. However, the customer base is huge and loyal. Business consultants agree the location is the #1 best location for a coffee shop.

Growth/Expansion: Additional outside pastry accounts are possible with a little sales effort. Additional food items including an expanded breakfast menu, lunch sandwiches, Panini’s, and baked items could easily be offered.

Support/Training: On site management will provide training and support.

Reason Selling: Passive owner desires to divest.