Cafe in High End Shopping Center

Ann Arbor, MI (Washtenaw County)

Arbor Hills Crossing
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Asking Price: $65,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,500 /Month

Established: 2015

Cafe in High End Shopping Center

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Business Description

Coffee Lovers Showcase Location - Asset Sale

Specialty coffee shop located in high end shopping center with a mix of local and national brands. Large light filled seating and bar area with seating for 60+ customers. Location is on busiest thorough fare in the city. Currently serving menu of espresso, manual brew, drip coffees, tea, pastry and light lunch options. Plenty of room for growth with an expanded food and dessert menu. 1+ year left on lease with the option to negotiate a renewal with landlord. Subject to sublease approval.

Detailed Information

Location:
Ann Arbor, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,150
Lease Expiration:
8/31/2020
Employees:
7
Facilities:
All furniture and fixtures including custom Synesso espresso machine, 50 gal. RO water treatment system, Fetco 1.5 gal twin brewer, hot water tower, refrigeration, security cameras. More photos on request
Competition:
This is the only locally roasted coffee shop in a 2-3 mile radius.
Financing:
No owner financing available. Cash deal only.
Support & Training:
If new owners continue using our roasted coffee, a customized support and training program will be put in place.
Reason for Selling:
Shutting down all retail locations to focus on our wholesale business
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Business Listed By:
David Myers

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