Very popular Casual Coffee & Sandwich Shop

MA

Seller Financing Available
Very popular Casual Coffee & Sandwich Shop
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Asking Price: Get Financing: N/A

Cash Flow: $840,000

Gross Revenue: $2,800,000

EBITDA: $720,000

FF&E: N/A

Inventory: $20,000*

Lease Rate: $80,000 /Year

Established: 2005

*not included in asking price.

Very popular Casual Coffee & Sandwich Shop

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Business Description

The Company is a single location Latin American-influenced beverage, sandwich, and soup restaurant. It is characterized as “relaxed casual” with an extreme attention to detail, and everything is cooked fresh to order. Food items include sandwiches, soups, quesadillas, wraps, salads, and desserts. Breakfast pastries and sandwiches are also sold, as well as a children’s menu. The Company offers a catering menu, which includes coffee service, hors d’oeuvres, sandwich/wrap platters, entrees, breakfast pastry trays, and desserts.
In 2017, revenue was generated from beverages (60% of annual sales), food (35%) and retail merchandise, including ceramic cups (5%). It serves approximately 5,000 weekly customers from its 3,600 -square foot location. The operating hours are Monday through Saturday 7am to 7pm, and on Sunday, 9am to 5pm. It currently employs 12 full-time and 6 part-time workers, including 4 full-time and 1 part-time kitchen workers and 4 full-time and 3 part-time baristas.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
N/A
Employees:
12F+6 Part time
Facilities:
The Company has been located at the same 3,600 square foot retail location in a Very busy intersection of a college town in Massachusetts, since its founding. This location is leased from an independent third party lessor.
Growth & Expansion:
Long-Established Business with Strong Customer Base and Recognition: Operating since 2005, the Company has a well-established presence with a unique offering of bold beverages and Latin-American food, served in a relaxed atmosphere, and a large and loyal repeat customer base. Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. Outstanding Growth Opportunities: With an established track record of success, the Company has strong brand recognition, a scalable concept, and is ready for regional expansion.Management is considering a mass distribution program of its Signature beverage into specialty retail stores and other cafes
Financing:
Negotiable
Support & Training:
Management Will Remain through Transition: The active principal owners are willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership and may consider a longer employment agreement.
Reason for Selling:
Other Investment/
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(from currently available funds)
 
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Ahmad Behjati

Business Listed By:
Ahmad Behjati

Behjati Capital Group LLC Mergers & Aquisitions

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