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Seattle-Style Coffee/Espresso Carts

Bluegrass, Kentucky (Fayette County)

Retail - Other Eating & Drinking Places | Retail - Vending Machines

Asking Price $115,000 Inventory $2,000** 
Gross Income $135,840 Real Estate n/a** 
Cash Flow $48,000 Year Established 1999
FF&E $40,000* Employees 2ft; 3pt

* included in the asking price

** not included in the asking price

Client company provides coffee service in two locations on the premises of a major Central Kentucky employer. Products offered include espressos, cappuccinos, flavored coffees, smoothies, pastries, and miscellaneous snack items. Revenues have exhibited positive movement over the past several years ($111,864 in 2004; $127,967 in 2005; $135,840 in 2006) although 2007 was down somewhat due to office relocation and construction projects by the host employer. The sale will include all necessary equipment valued at approximately $40,000 and the current owner will provide training as the buyer deems necessary. The owners are selling the business due to a planned relocation. This is an excellent business for the first-time business owner and has a concept that could be expanded to other locations.

Facilities: Business operates from two "Seattle-Style Espresso Carts" or kiosks within a major regional employer.

Growth/Expansion: Same concept could be expanded into other locations.

Support/Training: Seller will train as needed.

Reason Selling: Owner is relocating.

AD # 358202

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