Business Overview

Turn-Key! Coffee shop in a high-volume center! bring in Wine and beer, bring in some live music on the weekend and increase volume! This shop has a great lease, Ready to Expand, Very nice build-out.

Financial

  • Asking Price: $120,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $130,000
  • Inventory: $900
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,200
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Lincoln 1301 Pizza Conveyor True Brand Double Door Commercial Refrigerator 12’ Refrigerated Prep Table with Drawers/Doors LaMarzocco or Similar Three Head Espresso Machine New Bar Counter Top with 10 Bar Stools and Suspended Shelving (Two) 6 Seat U-Shape Booths L-Shape Banquette Seating Bench, Two Tables, Four Chairs (Three) Two-Top Table and Chairs New LED Track Lighting, Pendant Lighting Enomatic Automatic Wine Dispenser New Storefront Led Signs, Window Vinyls Beverage Air 72” Back Bar Cooler Commercial Food Smallwares Charcuterie Boards Outdoor Patio Furniture Retail Wine Racks, Glass Racks and Display Branded Merchandise, Memorabilia Cabinet Digital Menu Display

Is Support & Training Included:

2 weeks

Purpose For Selling:

moving out of state

Additional Info

The company was founded in 2018, making the business 4 years old.
The deal doesn't include inventory valued at $900*, which ins't included in the requested price.

The company has 4 employees and is situated in a building with estimated square footage of 1,200 sq ft.
The building is leased by the company for $2,736 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell businesses. However, the genuine reason and the one they tell you might be 2 entirely different things. As an example, they might say "I have too many other commitments" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might simply be justifications to attempt to hide the reality of altering demographics, increased competitors, current decrease in profits, or a variety of other reasons. This is why it is very important that you not depend totally on a vendor's word, yet instead, make use of the seller's answer along with your total due diligence. This will repaint a more realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses take out loans so as to cover items such as stock, payroll, accounts payable, etc. Remember that occasionally this can suggest that revenue margins are too small. Many organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in new clients? Many times, companies have repeat customers, which form the core of their daily earnings. Certain elements such as brand-new competitors growing up around the area, roadway building and construction, as well as employee turn over can affect repeat consumers as well as negatively influence future incomes. One important point to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business regularly, the better the possibility to develop a returning customer base. A last thought is the general location demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood median household earnings impact future income prospects?