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Listing #3133 | 17 year old Coffee Shop, End Cap-Make it yours |
Price: $38,500 |
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This is a chance to get in on a Big Name Brand without the franchise fees. This coffee company is well established and has a very classy, high end reputation and is the only one currently in Kitsap County. The current owner has exclusive rights to Kitsap, Mason, Jefferson and Clallam counties with no competitors allowed.
The current owners are absentee and don't have the man hours to watch over this. Ideally, an operator owner would do the best: a $50,000 savings in wages could be an add back, not to mention if it is you promoting your business, everything is always better.
There are many untapped and not well promoted revenue streams that I saw immediately upon entrance, one is whole bean coffee retail sales, second is lunch (that would be huge), not to mention local community events and tons of merchandising space. It is a beautiful space with top of the line automatic machines.
The location is also in a very desirable area and on an end cap. The possibility of adding a drive thru was discussed and may be a thought, but not necessary runs beautiful as is.
Go on in and take a look, order a coffee and plan your future; then call me.
This is an Add Value Alliance Inc DBA Washington Brokers Listing.
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| Listing Status: |
Sold |
| Price: |
$38,500 |
| Location: |
WA Kitsap County Olympic Peninsula
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| Last Year's Annual Gross: |
$217,280 |
| Lease Information: |
5 year with options |
| Monthly Rent: |
$2,135 |
| Indoor Seating: |
18 |
| # of Part-Time Employees: |
6 |
| Hours Open: |
Mon thru Thursday 5:30 am to 8 pm
Friday 5:30 - 9pm
Saturday 6 am to 8 pm
Sunday 7 am to 6 pm |
| Year Established: |
1995 |
| Inside Sq. Ft.: |
1280 |
| Hood System: |
No |
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- Branding without a Franchise Fee
- Business is 16 years old and going strong
- Respectable numbers and reputation
- Still untapped potential for additional marketing and sales
- Rent of 2727 includes water,sewer and garbage
- State of the art automatic espresso machines
- Corner End Cap, beautiful visibility on main road through the area
- Owner, Operator would loves this Business
- Over $217280 the last 12 months, that is Terrific for a coffee house
- Hurry to take advantage of negotiating a new lease
- Seller financing available
- Landlord Will negotiate New Favorable Lease
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Other Listings In The Area
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Profitable Restaurant and Bar Near Seattle |
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Location:
Lease: Expires May 2014 + 5 YR Option
Monthly Rent: $5,676
Annual Revenue: $650,000
Annual Profit: $200,000
Sq. Ft. 2,992
Price: $399,000
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