Listing ID: CGLA 001303
The business has been producing over half a million dollars in revenue year after year and has significant opportunities for great growth due to its incredible location.
Seller is selling it (for an incredible price) due to sever health reasons.
- Asking Price: $295,000
- Revenue: $556,344
- FF&E: $308,274
- Inventory: $15,000
- Real Estate: Leased
- No Employees: 10
Business Overview
The business has been producing around half a million dollars in revenue year
after year and has significant opportunities for great growth. The Coffee Shop has a drive-through, a beautiful 1500 sqft. patio and 10 tables inside that sit 25 people.
The current owner is selling the business because of health reasons. In 2023 she became severely ill , and she has been unable to cater to the shop much at all because of that. The coffee shop has great potential for growth, but she does not have the health to be able to work on that. A new owner should be able not only to easily maintain the half a million yearly revenue, but also considerably grow the business buy simply taking advantage of the incredible location of this business.
Facilities:
The Coffee Shop has a drive-through, a beautiful 1500 sqft patio and 10 tables inside that sit 25 people. Assets are in great condition and fairly new ( 2 yrs old) and do not need an upgrade for avg. 10 years. Business is selling for a price less than the value of the assets due to sellers health.
Competition:
The business is situated in a great location, between three major highways, on a very busy road and surrounded by major stores : Home Depot, Walmart, CVS, and small strip malls, which creates a large customer base to the Coffee Shop by default. No strong competition in immediate proximity.
Growth & Expansion:
There are few strong opportunities for growth:
- Signage on each one of the nearby highways. That can more than double the in-store sales with one single move, and no additional advertising effort. ‘
- The business is due a price increase, which by itself will create a revenue and profit boost.
- The catering side of the business will increase substantially with Facebook and Instagram ads, in-store incentives and prospecting to the nearby schools and businesses. There are currently very little efforts in that direction.
Support & Training:
In depth training available.
Additional Information: by request only (please use form on the right).
