Independent Coffee Shop On South Shore
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $250000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Owner will train.
Description Asking Price: $179,900
Gross: $250,000
Cash Flow: $70,000
FF&E: $100,000 (Included in the asking price.)
Summary: Open since 1993, this delightful coffee shop has a loyal following from the locals and is a welcome morning stop for bagels and pastries as well. This is a great opportunity for a working owner to build upon this thriving business as the current owner has just added a sandwich station and a soft-serve machine which should bring a large jump in sales by capturing the lunch crowd and summer people looking for a frosty cone. The business has 1 full-time and 5 part-time employees.
Facility: The attractive store has approximately 800 SF, including front retail/display space, sitting area, and rear kitchen storage area. The owner has just completed an extensive renovation of this pristine and attractive shop incorporating the new additional equipment. An attached parking area provides ample parking. Rent is a modest $1,000/month for this busy downtown location.
Furniture, Fixtures and Equipment: Price includes all store appliances including coolers, shelving, displays, and miscellaneous equipment.
Hours: Open daily, Mon. thru Sun., 5:00 AM to 1:00 PM.
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