Great Coffeehouse for Sale

Price: $195,000

Location: Volusia County

Industry: Limited-Service Restaurants

Listing ID: 4110-00179

Listing Status: New

Description

Very popular coffeehouse franchise selling the best coffee, sandwiches and treats in town, is a corporate store where customers enjoy free Wi-Fi and a lounge with comfortable sofas. Located in an extremely busy shopping plaza with a supportive, cooperative landlord. Owner has invested approximately $150k in the beautiful 2,000sf buildout. Very clean with excellent equipment.
Ongoing franchise support includes:
Multiple forms of marketing such as Facebook, direct email and texting.
Negotiated pricing with vendors that only extend to national chains.
$25k negotiable one time franchise transfer fee that includes all setup, training for employees, extended support, as well as a manager on-site to support you during the first few weeks.
Excellent books with a transparent owner and an outside Accountant. Monthly sales averaged $38,300 for 2020 with approximately a 12% increase in sales.
"Other" add back is for 6% franchise royalty fee based on gross sales. Historical data is available and supported by POS system.
Some seller financing available to a qualified buyer.
Excellent online reviews with 500+ 4.5 star average Google rating.

LISTING DETAILS

Down Payment: $136,000

Total Sales: $500,000

Cash Flow: $104,773

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $51,675

FFE Included: Yes

Inventory: $4,200

Inventory Included: Yes

Operation

Year Established: 2016

Days & Hours of Operation: MON-THU 7-7, FRI 7-8, SAT 8-8, SUN 9-3

Owner Hours Per Week: 40

Employees: 12

Managers: 1

Lease Option: Negotiable

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $5,617

Type of Location: Strip

Square Footage: 2000

Franchise: Yes

Relocatable: No

Summary

Reason For Sale:

Corporate Sale to Franchise

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair