89073-BK Chain of 3 Profitable Coffee Cafes Near College w/Excellent G

Blacksburg, VA (Montgomery County)

Seller Financing Available
89073-BK Chain of 3 Profitable Coffee Cafes Near College w/Excellent G
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Asking Price: Get Financing: $210,000

Cash Flow: $180,000

Gross Revenue: $680,000

EBITDA: N/A

FF&E: $140,000

Inventory: $17,500

Lease Rate: $4,350 /Month

Established: 2013

89073-BK Chain of 3 Profitable Coffee Cafes Near College w/Excellent G

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Business Description

Profitable! Expandable! Established! Growth Potential!

3 local coffee shops with branded theme offering fresh baked goods, deli sandwiches, beer/wine, and more. Located near large State College in southwest Virginia. These popular restaurants have a loyal local following and are poised for growth.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,400
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3-Location chain coffee cafe chain with branded theme offering gourmet coffee, deli sandwiches, fresh bakery, beer&wine in a warm comfortable atmosphere. Two locations offer weekly live music. All locations have up to date renovations and excellent equipment. Owner is offering $100K of financing to qualified Buyer, and will sell restaurants separately. Asking Price $425,000 Estimated 2017 $680,000 Cost of Goods Sold $204,000.00 Total Expenses $346,000.00 Net Income $180,000.00 Owner will prove
Competition:
Starbucks is the only multi location competitor in the area. This business offers similar premium coffee with bigger more accessible atmosphere, a wider selection of food, plus beer & wine.
Growth & Expansion:
One location offers a large event room with stage and AV systems. Perfect for receptions, parties, and corporate meetings. Add additional advertising, catering, student discounts, and deliveries would add substantial income and exposure.
Support & Training:
2 weeks
Reason for Selling:
other business interests
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Bill Kelly

Business Listed By:
Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad


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