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Chic Collin County Coffee House – Absentee Owned – Owner Net $90,047

Collin County, TX

Seller Financing Available
Chic Collin County Coffee House – Absentee Owned – Owner Net $90,047
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Asking Price: Get Financing: $245,000

Cash Flow: $90,047

Gross Revenue: $492,477

EBITDA: $90,047

FF&E: $229,802

Inventory: $6,602

Lease Rate: $5,737 /Month

Established: 2009

Chic Collin County Coffee House – Absentee Owned – Owner Net $90,047

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Business Description

A Place Where Everybody Knows Your Name – Best Vibe, Best Coffee!

Rated 5 Stars – THE CITY IS TALKING about this coffee house. It is well-known that this popular venue has: “Better Vibe, Better Coffee”, “Great place to kick back with friends and enjoy pastries, sandwiches, and treats”, “Relaxing atmosphere”, “Good for quick meetings”, "Staff is super nice & polite, it doesn’t get any better”, and “Feels like family.” It is also known for having the best Chai in all of Texas.

Perhaps it is the cozy fireplace, comfy seating, semi-private spaces for working or mingling with friends, which make this coffee house so popular. One can enjoy the chic and upscale interior or if in a hurry, order through the drive-thru window. Either way, one keeps coming back.

This business has the most amazing staff! Compliments are received daily. The friendly and great service-minded staff make the visit memorable. This coffee house has become a second home for many, as one begins to feel like family here. Also, the store is well organized and clean, along with providing the best quality products.

Over 36,000 vehicles pass by this highly visible location daily. It incorporates a unique blend of high-volume and boutique coffee shop features. Also notable, this is the only drive-thru in the shopping center. Best location for access from high traffic volume during events and from the hotel guests next door. The shopping complex is owned by a company, which is heavily investing in the success and happiness of its store owners and patrons. The finest shopping center in Allen incorporated this coffee house as one of the first stores added to this location during development. There are strong relationships with local schools, churches, organizations, and other businesses.

Contact Scot A. Jones Office PH: 214.495.9200 or email Jones@JonesCorporate.com for financial statements and additional information on this company.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,734
Lease Expiration:
1/1/2039
Employees:
14 (2FT/12PT)
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
TEXAS - Rated #2 for its housing of Fortune 500 companies, edging out California. Texas continues to see an influx of businesses relocating to the state. The Dallas-Fort Worth Metroplex is especially successful in luring large companies to the region. Already home to corporate giants such as AT&T, Frito Lay, and Pizza Hut, Dallas will be the new headquarters for Liberty Mutual Insurance, Fannie Mae, and Toyota. This business friendly/people friendly region is exploding with many competitive advantages creating a growth-oriented environment for businesses.
Growth & Expansion:
Recently, headlining in the news is that there are massive plans to envelope serious economic and business communities in this Collin County city, thus expanding new customer base. It has been reported that millions of square feet of office, retail, and residential are being developed. The city approved a $91 Million dollar allocation of funds to build a convention center and a well-branded hotel, in addition to parking for 1,000 cars. Nearby this venture, a new socio-economic hub is offering a 135-acre development for first class living and working alongside a greenbelt and waterway. Additionally, another 60-acre massive development has begun west of this location. The city is at the beginning of a serious upward boom, as it is the last Collin County city with the greatest available land for development. Its greatest benefits are its location off Interstate 75 and quick access to 380, 121, and PGBT thoroughfares. DFW also leads the nation in new home construction.
Financing:
Negotiable
Support & Training:
Owner to provide training to purchaser to secure a proper and complete transition; training to be detailed on the Purchase Agreement.
Reason for Selling:
Corporate Absentee Owned - Looking for Owner/General Manager
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Scot A. Jones

Business Listed By:
Scot A. Jones

The Jones Group

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