Profitable Coffee Shop & Café w/ Drive-thru

Seatac, WA (King County)

Profitable Coffee Shop & Café w/ Drive-thru
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Asking Price: $120,000

Cash Flow: $1

Gross Revenue: $240,931

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,540 /Month

Established: 2008

Profitable Coffee Shop & Café w/ Drive-thru

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Business Description

Profitable coffee shop & café with a drive-thru. Great high traffic location built from scratch 11 years ago. 880 square feet but seems bigger, has a dining area that seats 25 to 30 people. Lots of space behind the counter even enough space to put in a hood (currently there is not a hood) so if you want to turn this coffee shop into a full restaurant, yes can do.

Currently, this is a coffee shop lite café, with a drive-thru but so many ways to expand if you wanted to. The easiest is probably just to add ice cream, soup or expand the sandwich menu. No hood necessary for any of that and there is a demand for it. Very limited restaurant competition in the immediate area so putting in a hood you could really take this up the profit ladder. Hamburgers, fries, fish, and chips pretty much any fast food would be a hit at this busy street location.

The parking is more than enough, six reserved spaces for this coffee shop café and a whole shared parking lot in this shopping plaza is available also. Good solid anchor businesses close by. Monthly lease is very low and this lease has 3 years life left on it and a 5-year option. So keep the coffee brewing there is lots of time left on this lease. This café also has the space to get into catering if that is the direction the new owner wants to take. Only about a mile and a half to the airport, so you know there is a ton of hotels and motels to cater to. Currently, a lot of referrals come from all the car rental agencies nearby.

The drive-thru window is just icing on the cake no matter if you keep it the same concept or expand on the food choices. Other gold nuggets, this coffee shop has very little if any sit-down coffee shop competition in the immediate area, has good signage and visibility, the owner works only about 20 hours a week. So an owner-operator would be perfect. This is not a franchise so no franchise fees or restrictions, the new owner can be creative with the concept, food or décor. This coffee shop has great reviews on Yelp and Facebook but has NO website, hint, hint. This coffee shop cafe is open 7 days a week but closes at 5 PM so evening sales are being missed. Owner wants to retire. This is a profitable little espresso business, but it is so much more than just a little espresso stand. Give us a contact to check this one out.

Detailed Information

Real Estate:
Leased
Building SF:
880
Lease Expiration:
N/A
Employees:
5 pt
Facilities:
The monthly base lease is $1,190 with a $350 Triple Net. Current lease expires 2021 and has a 5-year option to extend. Has 880 square feet but seems bigger. Very cute dining area that has a seating capacity of 30. Has a lot of space behind the counter too. BIG solid pluses are has a drive-thru window!! And has the space to put in a hood!! So very strong potential for new owner. Clean, bright, good signage and visibility. Six reserved parking spaces for this coffee shop café and the use of a whole shared parking lot at this shopping plaza.
Competition:
Currently, this is operating as a coffee shop and lite café that has a drive-thru window. There is a demand for more and this little café has the big potential to deliver the more. New owner could expand the sandwich choices, or add soup or ice cream, bubble tea etc.. There currently is no hood here but there is the space to put one in and if new owner did that, that certainly would open the door to many more food choices and many much more profits coming in thru this drive-thru window. Close to the airport so lots of motels and hotels to cater to. Currently, no marketing is being done, does not even have a website. There is no sit-down coffee shop competition close by. Really lots of ways to expand on an already established profitable business.
Growth & Expansion:
Currently, this is operating as a coffee shop and lite café that has a drive-thru window. There is a demand for more and this little café has the big potential to deliver the more. New owner could expand the sandwich choices, or add soup or ice cream, bubble tea etc.. There currently is no hood here but there is the space to put one in and if new owner did that, that certainly would open the door to many more food choices and many much more profits coming in thru this drive-thru window. Close to the airport so lots of motels and hotels to cater to. Currently, no marketing is being done, does not even have a website. There is no sit-down coffee shop competition close by. Really lots of ways to expand on an already established profitable business.
Support & Training:
2 weeks training offered but it is negotiable
Reason for Selling:
Seller wants to retire
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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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