Incredible Coffee House Franchise In Busy Shopping Mall For Sale

Business description

Incredible opportunity to own coffee house franchise established for over 12 years and situated in the heart of large busy shopping mall that is being visited by millions of people. Business operated under concept similar to Starbucks offering great variety of hot and cold drinks and baking goods, carrying close to 50 different varieties of coffee beans including some of the most difficult to get, coffee pots and mugs. During the holiday season variety of gift baskets are being offered as well. Surveillance CCTV monitoring system enable owner to monitor business from his home. Business open 7 days from 9am to 10pm. Easy, turnkey business to run. Strong franchise backing. Price just was lowered from $185,000 for quick sale. Do not miss this opportunity. To qualify Buyer must have Net worth of at least $300,000 out of which $150,000 must be in liquid assets.

Franchise terms

To qualify Buyer must have Net worth of at least $300,000 out of which $150,000 must be in liquid assets.

Property information

Real Estate:

Lease

Location:

Coffee house located inside of indoor large shopping mall in Suffolk County. Occupies 1000 sqf. Lease expires 2015. Ample parking

Other information

Expansion potential:

Currently business is operated as an absentee owner. If the business operated by actively involved owner he should be able to increase net profit by at least 50% by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding sandwiches could dramatically improve business as well.

Support & training:

Franchisor will provide 2 week training

Reasons for selling:

Owner own 3 other the same franchises in Pittsburgh and permanently relocating there

Trading hours:

9am-10pm

Financing available:

Financing is a possibility negotiable

Furniture / Fixtures value:

$125,000 (included in the asking price)

Inventory / Stock value:

$10,000