Established Espresso Stand High Traffic Location!!

Bothell, WA (King County)

Established Espresso Stand High Traffic Location!!
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Asking Price: $59,000

Cash Flow: $38,000

Gross Revenue: $136,204

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $583.50 /Month

Established: 2015

Established Espresso Stand High Traffic Location!!

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Business Description

Great investment opportunity, fully equipped, fully established and profitable expresso stand with a DRIVE THRU. Located on a high traffic street and has been at this same location for more than 20 years serving up hot espresso coffee drinks in King and Snohomish counties.

Besides the busy street location, this espresso stand also enjoys some real strong anchors, like a gas station with a car wash. Talk about a good anchor for an espresso stand, bingo. The monthly lease is also quite attractive as less than $600 per month. Basically, one-day sales cover your whole month’s rent. Now how many small businesses can say that? One more sugar on the lease, it has a 4-year option to renew. So, lots of coffee still to be brewed here.

With only one employee working at a time the overhead costs to operate this business are quite low. All the equipment is owned and is included in the purchase price. Has a DRIVE-THRU window and has the space to add in a second DRIVE-THRU window. Has great signage and visibility from the street and even has extra space to expand and this expansion space too has great street visibility. No espresso stand competition going west (the same direction as this espresso business) on this street. So, you have this high flow of busy traffic all to yourself.

Other good tidbits about this espresso business, lots of extra storage space, the gas station has a mini-mart so extra supplies when needed are only a few feet away, plenty of parking, simple business to learn and to operate thus the transition for a new owner and or employees is simple. This is not a franchise so no franchise fees, royalties or restrictions. Creative freedom for a new owner to change or modify the décor or menu. Seller will provide all the necessary training to make the transition very smooth.

Currently being operated by 3 part-time employees and the owner. Open seven days a week but closes at 5 PM weekdays so evenings off. Close to downtown so catches a lot of the downtown car traffic as it exits or enters the downtown area. If you’re looking for a simple business to invest in and control as an owner this espresso business might be a good fit for you. Give us a call to set up a tour time.

Detailed Information

Real Estate:
Leased
Building SF:
600
Lease Expiration:
N/A
Employees:
3
Facilities:
Monthly lease is only $583.5 per month. The lease is assignable and has a 4-year option to renew. Espresso stand about 500 square feet, has a DRIVE-THRU window. Lots of extra storage space and plenty of parking. Solid anchors as has a gas station with a car wash. Close to downtown so catches a lot of the downtown car traffic as it exits or enters the downtown area. Has great signage and visibility from the street and even has extra space to expand and this expansion space too has great street visibility.
Competition:
No espresso stand competition going west (the same direction as this espresso business) on this street. So, you have this high flow of busy traffic all to yourself. Has a DRIVE-THRU window but has the space to add another DRIVE-THRU window. Also with this downtown area growing in leaps and bounds the traffic flow in front of this espresso business will also get even more better busier than it already is. This is not a franchise so no franchise fees, royalties or restrictions. Creative freedom for a new owner to change or modify the décor or menu. Has great signage and visibility from the street and even has extra space to expand and this expansion space too has great street visibility.
Growth & Expansion:
No espresso stand competition going west (the same direction as this espresso business) on this street. So, you have this high flow of busy traffic all to yourself. Has a DRIVE-THRU window but has the space to add another DRIVE-THRU window. Also with this downtown area growing in leaps and bounds the traffic flow in front of this espresso business will also get even more better busier than it already is. This is not a franchise so no franchise fees, royalties or restrictions. Creative freedom for a new owner to change or modify the décor or menu. Has great signage and visibility from the street and even has extra space to expand and this expansion space too has great street visibility.
Support & Training:
2 weeks training offered
Reason for Selling:
Seller has other business interests. Has owned this espresso stand 3 years.
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(from currently available funds)
 
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David Smith

Business Listed By:
David Smith

Coldwell Banker Bain

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