Listing ID: 67678
Coffee Shop For Sale In Southern Wyoming!
Have you been looking for a business that gives you the satisfaction of serving others, and have pride in your business without having to work 18 hour days? This quaint little coffee shop for Sale is open 7:30am to 3:30pm and easy to run, giving you the opportunity to be home with your family for dinner or you can always expand the hours if you are looking to increase your sales and profits.
This 550 square foot coffee shop for Sale by We Sell Restaurants is unique, having a basement with 550 square feet as well to use for storage needs, all for a rent of just $650 a month! They not only sell coffee, but offer breakfast, sandwiches, salads, ice cream, and smoothies attracting many as they are out an about or travelers passing through!
There is seating inside this quaint shop for 16 and seating for an additional 4 outside. This coffee shop is outfitted with 3 wood finished tables with booths and 4 bar stools at the window, 3 big screen TV menu boards, a refrigerated display case, expresso machine, double panini press, grill, coffee machine, Vitamix, and much more just check out the full list in the Business Analysis Tool.
Located in a small town, right off of I-80 and the Union Pacific Railroad Line, people stop along their travels for a rest from driving, or as the busses stop, as well many tourists plan trips to come visit the attractions in the area. This small town of 9,000 is always bustling with locals and visitors alike and they boast that everyone is treated as a local! This is an area proclaimed to be where Western Hospitality and History come together to give you a true Wyoming experience.
What are you waiting for? This is one of those rare opportunities!
- Asking Price: $79,000
- Cash Flow: N/A
- Gross Revenue: $200,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:600
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
3 Tables with Booths 4 bar stools Advanco Refrigerated Display Case 3 big Screen Menu Boards 1 small tv 2 Coffee Machines Square POS Ice cream display 2 wood finished Counters with storage 2 Wine type racks Open Sign High Chair 2 Head Expresso Machine Double Panini Press 2 Door Sandwich Prep cooler True commercial microwave 2 Commercial Vita mixers True 2 Door commercial refrigerators Dishwasher 3 Compartment sink storage shelves Kitchen Aid Mixer 20 QT Hobart Mixer Moffat Double decker Electric Convection oven 2 Stainless steel work tables Single burner Cooker Falcon 2 Door Stainless steel refrigerator with work table 3 Coffee Grinders 4 large Deep Freezers 1 Standup Refridgerator 12 Extra Chairs all decor and small wares that is being used in Current business
Great downtown Location serving more than just coffee with Ice Cream Breakfast Sandwiches and smoothies
Currently this business is not opened on Friday and Saturdays could ad delivery options and do some advertising
The venture was established in 2019, making the business 3 years old.
The business has 3 employees and resides in a building with approx. square footage of 600 sq ft.
The property is leased by the company for $650
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals choose to sell operating businesses. However, the real factor vs the one they say to you may be 2 totally different things. As an example, they may state "I have way too many various obligations" or "I am retiring". For many sellers, these factors stand. However, for some, these might just be justifications to try to conceal the reality of changing demographics, increased competition, recent decrease in revenues, or an array of various other reasons. This is why it is extremely crucial that you not depend absolutely on a vendor's word, however rather, make use of the vendor's answer along with your overall due diligence. This will repaint a much more realistic image of the business's existing situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Many businesses borrow money with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Remember that in some cases this can mean that earnings margins are too thin. Numerous companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that must be fulfilled or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract brand-new customers? Often times, businesses have repeat customers, which create the core of their daily revenues. Particular factors such as brand-new competitors growing up around the location, roadway construction, and personnel turn over can impact repeat clients as well as adversely impact future revenues. One essential point to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business regularly, the higher the chance to build a returning customer base. A final idea is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? How might the regional average home earnings effect future earnings potential?