Listing ID: CGLA-001305
The business produced $600,000 in revenue in its first 9 months of existence, it is located in a unique and super smart location, and it still has significant opportunities for great growth. Recurring revenue secured by location alone.
- Asking Price: $695,000
- Revenue: $599,889
- EBITDA: $114,884
- FF&E: $497,679
- Inventory: $15,000
- Real Estate: Leased
Business Overview
The Coffee Shop opened in April last year and the revenue above is a 9 months revenue only. In its first 3 quarters this coffee shop produced $600,000 in revenue, and the business is already profitable despite the initial slow downs and higher expenses every business experiences at startup ( hiring and training employees, creating a business operating system that works, navigating vendors and convincing the local community not only to give this new coffee shop a try, but also to make it their “regular” coffee shop. )
Located in an unique and amazing location, the Shop has a drive-through, a gorgeous patio and a high end interior. The staff is trained using the same exact operating system used by one of the top producing ( top 5) Coffee Shop in the country in this franchise , Coffee Shop that is also for sale right now by the same owner.
The seller is selling both is his efforts of allocating all his funds into a significantly larger business that he owns.
Facilities:
The business is less than one year old and the facility and assets are all in perfect shape. The Shop is beautiful, located in a prime unique location with a gorgeous New Orleans style patio and a drive through
Competition:
The location gives this particular coffee shop an unfair advantage, lessening the effect a competitor might have had on the business otherwise. This is also the only Coffee Shop of its kind in the area, and a favorite among the local community
Growth & Expansion:
The business is fairly new and the opportunity for growth is great as the market is just starting to be aware of it. There are also a couple of methods that revenue can be grown significantly without a lot of effort. Information available per request.
Support & Training:
In depth training available.
Reason for Selling:
The seller is moving too far away from the business to be able to oversee it well.
