San Diego County, CA Smoke Shops For Sale

Coffee Cafe, Hookah Bar, Study LoungeHookah Lounge, Coffee Cafe, Study Lounge near major University
$99,000
Coffee Cafe, Hookah Bar, Study LoungeHookah Lounge, Coffee Cafe, Study Lounge near major University

San Diego, CA

Business has been established in the area for more than a decade. Located less than two miles from SDSU which has a student population of over 30,000 students. Cafe has developed a great reputation within the community and has a large loyal customer base. The business has 100+ reviews across multiple channels with a 4.5/5-star average. Within the POS system is a list of thousands of customer emails that generate a high response rate. There is great upside potential by implementing new marketing campaigns and strategies. Currently the business is steady with no marketing budget in place. Menu prices are ±15% under market average. New owner could easily increase revenues by raising prices by 10%+, extend the menu with ready-to-serve items, and add beer & wine sales! Highlights: • One of San Diego’s most popular and comfortable study lounges and Hookah bars serving the College Area community and SDSU Aztec students. • Located in neighborhood shopping center less than 2 miles from SDSU which has a large student body and located next to hundreds of student apartments • Established over 10 years, Cafe has built and maintained a great reputation with their large client base. • Serves variety of fresh coffees, teas, crepes, salads, grilled panini sandwiches, gyros and desserts. • Great reviews across multiple channels, such as Yelp, Google, Facebook, etc. • BELOW MARKET LEASE RATE FOR THE AREA! • 2,500 SQ. FT. plus large outside patio. at only $1.36 per sq. ft. – $3,400 per month gross. • Convenient large parking lot. • Business has prominent visibility along major Blvd, which has an average daily traffic of over 22,000 cars per day. • Current gross monthly sales average ±$14,000. • Espresso machine, grease trap, three TV monitors, comfortable seating, camera system, state-of-the-art POS system with marketing capability. • Large database of customer emails with integrated marketing capabilities through the POS system; email list may be integrated to other mailing systems such as MailChimp, Constant Contact, etc. for more options. • Tremendous upside potential to expand kitchen, additional menu items, advertising to SDSU students and surrounding community, as well as adding beer and wine sales to increase revenues! Includes great website. PLEASE DO NOT SPEAK TO ANY EMPLOYEES IF YOU GO VISIT!


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