Business Overview

Established wholesale coffee and coffee service provider to restaurants, cafes, hotels offices and resorts. Primarily serving the Portland, OR and Seattle, WA markets, the company provides premium coffee, tea, specialty drinks, coffee machines and complementary products. An impeccable reputation for quality products and services, the growth opportunities for this business are tremendous. The COVID rebound began in 2021 with sales over $1 million. Operating 25+ years, this business is ready for an opportunistic entrepreneur or established distributor to take it to the next level. An NDA and source of financing are required for further information on this business offering.

Financial

  • Asking Price: $479,000
  • Cash Flow: $255,680
  • Gross Revenue: $1,023,275
  • EBITDA: N/A
  • FF&E: $165,000
  • Inventory: $100,000
  • Inventory Included: Yes
  • Established: 1996

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:3,900
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building is owned by the seller and a favorable leaseback arrangement is available if the purchaser elects to remain at the current location.

Is Support & Training Included:

Negotiable based on buyer needs.

Purpose For Selling:

Other business opportunities.

Opportunities and Growth:

Depicted in the confidential business review.

Additional Info

The business was founded in 1996, making the business 26 years old.
The sale shall include inventory valued at $100,000, which is included in the listing price.

The company has 5 employees and is situated in a building with approx. square footage of 3,900 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell companies. Nonetheless, the true reason vs the one they say to you may be 2 totally different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may just be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent reduction in incomes, or a variety of other reasons. This is why it is extremely crucial that you not rely completely on a vendor's word, but rather, make use of the vendor's solution in conjunction with your overall due diligence. This will paint a more realistic picture of the business's present scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover points like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that earnings margins are too tight. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that have to be met or may result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in new clients? Most times, businesses have repeat consumers, which develop the core of their day-to-day earnings. Certain aspects such as new competitors growing up around the location, road building and construction, as well as employee turnover can impact repeat customers and adversely affect future earnings. One important point to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business on a regular basis, the higher the opportunity to build a returning client base. A last thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Exactly how might the regional median home earnings influence future income prospects?