Coffee Shop Upscale Location
Location: Michigan > Oakland County > Upscale suburban location
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $59,900
Inventory: $1,500 (Not Included in Asking Price)
FF&E: $125,000 (Included in Asking Price)
Seller Financing: Possible for the right buyer.
Business Summary
Excellent history of success. This store is open 24 hours because of the location and demand from clients leaving the bars in the area. Downtown suburban and upscale location in the heart of the business district makes the potential for this store excellent. Known as a local meeting spot and hangout for local residents as well as students and business owners, this store has a great reputation as an independent non-franchise coffee shop. Wi-Fi equipped with outlets at every table, students find this an attactive place to meet friends. Month over month sales increasing and is currently absentee run and break-even cash flow. Would produce a positive cash flow if owner-operated.
About the Business
Year Established: 2001
Employees: 2 full time - 2 part time
Facilities: Beautiful and casual downtown location right in the heart of things. The movie theater next door provides an excellent source of customers waiting in line, or going out after the movies. Well known and a hangout for students, adults and local business owners this coffee shop is a well know place in the area.
Market Outlook and Competition: Yes...there is always competition. But this store has a 7 year histore of success so there's room for everyone in the market.
About the Sale
Management Training and Support: As required.
Reason For Selling: Expecting second child and won't have time to run the business.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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