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Broker Contact Information |
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Coffeehouse in Destination Location | Listing ID: 20321 |
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| Asking Price: |
$49,000 |
Status: |
Active |
| Business Type: |
Juice, Beverage Restaurant | Other Food and Beverage Business |
Reference #: |
41420114 |
| Business Location: |
Cincinnati, Ohio |
Broker Coop: |
Yes |
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Hamilton County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$205,000 |
Full-Time Employee: |
2 |
| Cash Flow: |
$40,000 |
Part-Time Employee: |
8 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
Corporation |
Leased SqFt: |
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| Year Established: |
2005 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
4 |
Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
20 |
Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
Normal coffeehouse hours |
Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$10,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$2,000 |
Min. Down Requested: |
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Business Description |
This independent, non-franchised coffee house is located in a truly fun and enjoyable place to do business. Popular with tourists and home to multiple high-profile events each year (running events, art exhibits, garden shows, animal rescue events and more) this area is also home to many businesses and residents all of whom patronize this coffeehouse. Although the owners are absentee, this place is extremely well decorated, well managed and has built an excellent reputation. In addition to brewed coffee, tea and espresso beverages, they serve breakfast sandwiches, pastries, smoothies, frozen coffee drinks, sandwiches, salads, soups, and many convenience foods. They seat 32 in an area measuring 1500 square feet. There is an outdoor seating area with tables, chairs and an umbrella. The space has two gender-specific restrooms. Owners wish to sell as they have full time jobs that occupy their lives. This is truly a great opportunity for an owner / operator and a small price to pay for a coffee house with a recognized brand that is “ready to operate” from day one. |
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