A profitable and established coffee shop for sale !Turnkey opportunity to own a profitable and well-loved coffee shop in a high-traffic area. Perfect for an owner-operator, experienced entrepreneur, or franchise conversion.-easy to run even by an absentee owner!
Located on the crossing of 3 most recognized street names in the Desert , in a famous building...
This established coffee shop has been serving the community for 13 + years now and is known for its quality coffee, fresh pastries, friendly atmosphere and there is a very strong growth potential through catering, extended hours, or adding food items. Located in the most recognized ,3 major streets crossing, in a famous building , the shop benefits from steady foot traffic, strong repeat business, and proximity to offices, retail,hotels, banks and other small and bigger local businesses. All of the FF&E , client list, major operating systems in place , included-Fully equipped with espresso machines, grinders, display cases, and POS system!The staff would likely be staying with the new ownership as they are establshed and know the clients by name-2 full time/ 1 part time.
Very low monthly utilities-currently owner pays around $500 for all utilities.
Very attractive/low , affordable , assumable rent terms with only %1.5 annual rent increases and 5 years extension available , on top of remaining 2/3 years left on the original lease!
Seating for 45 guests inside and 24-36 guests on patio -exteriorseats, plus to-go/delivery revenue streams.
The entity selling the business is the 2nd owner of the business, so clientelle has long been established .
Upon successful negotiation of LOI/offer terms and conditions , financial docs will be provided to the Buyer, need an NDA signed prior to address disclosure.New owner/ buyer to assume the existing lease and to be cross-qualified with Building owner/Landlord.
Ideal Buyer: Hands-on operator, coffee enthusiast, or franchise group seeking an established presence in a growing market.
Asking Price: $195,000.00
Cash Flow: $89226
Ad#:2410684
