Prime office location gourmet Latin coffee shop serving healthy-conscious savory and sweet breakfast items placed in the heart of the bustling medical district is available for acquisition. This business was originally established in 2017 by the current owner of the business and later acquired by the current owner in 2019. This establishment is perfect for the commuting doctors, nurses, medical students, and members of the patients to conveniently grab a variety of quality hot and cold drinks, and Latin style grab-and-go food items such as empanadas, sweet and savory pastries, breakfast tacos, acai bowls, and several other items on the lunch menu. Along with a variety of iced and hot drinks, this business serves homemade empanadas, arepas, breakfast tacos, quesadillas, breakfast bowls, and acai bowls that are convenient for the patrons grab-and-go for their busy days. Despite the difficulty of finding staff, this business is fully staffed with 3 in the back of the house and 3 in the front of the house. The owner is minimally involved, working approximately 10-15 hours per week mainly for buying groceries and supplies and handling bookkeeping and payroll. The average gross sales range from $25,000 - $30,000 and there are several ways to increase the overall sales by adding additional menu items to accommodate a wider range of demographics, opening on the weekends, being more proactive on social media outlets, and focusing on acquiring more corporate accounts for catering. With its limited days and hours of operations, this business is ideal for those who have a busy life and other activities to attend to but also suitable for those who are willing to be actively involved in the overall operation and take it to the next level to achieve its full financial potential.
- Asking Price:
- $175,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Cash Flow:
- Real Estate:
This business is located in a 1,630 SF space of a high-end office building surrounded by numerous medical offices and hospitals. All equipment is in impeccable condition and in working order and a brand new espresso machine was purchased at the beginning of the year.
- Size in square feet:
- 1,630 SF
- Expansion Potential:
Minimal marketing is in place and being more proactive in the social media outlet, will definitely increase exposure and possibly acquire a new set of customers in the surrounding area.
As this establishment mainly sells Latin and South American cuisine, adding additional menu items, such as hot and cold sandwiches, croissants, etc., to accommodate wider demographics, could have a positive impact on overall sales.
Another way to improve overall sales is by opening on the weekends and offering catering to nearby offices and medical offices.
- Competition / Market:
Few corporate competitors are within the immediate market area, but this business provides unique quality products that have competitive prices to its competitors.
- Reasons for selling:
- Years established:
- Support & training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
- Financing available:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
- Furniture / Fixtures value:
- $35,000 - included in the asking price
- Inventory / Stock value:
- $2,000 - included in the asking price