Total of 18659 firms and businesses for sale today Monday 13th May 2024
Sold. Coffee, Sandwich And Spice Shop
LISTING DETAILS
Firms For Sale ID:
29186
Vendor reference:
DC-0709
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$198,500
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$291,523
Net profit / cashflow:
$52,395
Years established:
20
Trading hours:
M-S 7am – 6pm
Number of employees:
5
OTHER DETAILS
Reason for selling:
Other interests.
Financing available:
Owner may carry some for a qualified purchaser.
Support and training:
Negotiable as required by Purchaser.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This well established coffee shop offers clients much more than meets the eye. Besides offering coffee and tea in a picturesque setting under the shadow of Pikes Peak, they offer sandwiches as well as natural spices. It has become a favorite stop for locals as well as travelers to the area. The owners started this business 20 years ago this fall and have had great success. They also offer catering and are considering offering wine for additional revenues in the evening hours. The longevity speaks for itself and should continue to provide good income to an owner operator.
Expansion Potential
The owners just finished the long process of getting a liquor license to serve beer and wine as well as liquors in coffee drinks. This new addition will make a tremendous impact on profitability. The current owners have not done much marketing to bring in additional business leaving room for a new owner to immediately increase sales though marketing as well. There is also enough room to offer live music if an owner desires, which could bring in a lot more traffic.