Growing Speciality Coffee/Cafe Chain with Wholesale Biz

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30184414
Property Subtypes: Food and Beverage
Status: Pending/Contingent
Building Size (RSF): See Agent
Sale Price: $250,000
Gross Revenue: $1,254,868 (Annual)
Cash Flow: $141,890 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 6/4/2018

Overview / Comments

Consider entering one of the most popular business segments, one that most everyone can identify with - specialty coffee. Here's your opportunity to own and operate a small and growing chain of specialty cafes that also has a wholesale distribution business. The business has been around for over 15 years, is a fixture in their community and has a loyal customer following. The cafe's are all located in New Hampshire. They roast their own coffee which is featured in their cafes and sold through their wholesale distribution channel.

The selling price includes $176,868 of Furniture, Fixtures & Equipment. The inventory of approximately $30-$35,000 is additional.

For more information, a Confidentiality Agreement is required to be completed. Please contact us today to learn more.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Divestiture
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $79,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Leases are in place on all locations
Employee/Labor Description: Tenured and well-trained management and staff in place
Mgmt/Training Support Description: Seller willing to stay on to support and train new owner for a limited time or is open to a full-time position.
Competition/Market Description: The Company's cafe business serves the local geographic markets within the towns each is located.  All locations are in New Hampshire. There are a number of competitors in the market but none seem to be as committed to the sourcing, roasting and serving of speciality coffees.  The wholesale business has plenty competitors but this one has many long-term customers who value the high product quality level and overall service received.
Growth/Expansion Opportunities: The Company has recently opened a new location which will significantly boost revenues and profits in 2018. Owner has identified a number of additional opportunities for growth and will share with qualified buyers.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771
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