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Established Coffee Business In California-South For Sale

Beverly Hills, California - South, US
Asking Price:
$500K - $1M Inventory / Stock included
Sales Revenue:
$250K - $500K
Cash Flow:
Under $50K

This thriving coffee business, with over 200 locations across California, presents a unique opportunity to own a profitable and well-loved brand. The business stands out in the market with it's distinctive coffee, a customer favorite that consistently outperforms competitors in taste tests, details of which can be discussed in person.

With over 200 specialized machines included in the sale, the operational setup is designed for efficiency and high output. The relationship with Core-Mark, a top distributor, ensures minimal operational costs and reliable supply chain management, contributing to the business's impressive profitability.

The coffee's popularity is evident through it's exceptional reception by consumers who prefer it's unique flavor profile over other options available in the market. This has helped build a loyal customer base and a strong brand reputation.

The streamlined business model emphasizes simplicity and cost-effectiveness, allowing for easy management and potential for expansion. The existing management team is also ready to support the new owner during the transition period, ensuring that the high standards of service and product quality continue seamlessly.

This is an excellent opportunity for anyone interested in a business with proven popularity, minimal overhead costs, and substantial growth potential in the food and beverage industry.

Property Information

Location:

This coffee business operates across 200 locations throughout California, each situated in prime retail spots. These venues are typically located in high-traffic areas such as shopping centers, busy streets, and near popular public spaces, ensuring maximum visibility and easy accessibility for a broad customer base. These strategic placements contribute significantly to the high foot traffic and customer turnover experienced by each location, aiding in the business's overall success and popularity.

Premises Details:

The premises for this slush coffee business are situated within a variety of high-traffic locations, including gas stations, mini marts, and liquor stores across California. These settings are ideal for attracting a wide range of customers, from commuters filling up their vehicles to shoppers looking for a quick refreshment. The machines are prominently displayed within these venues, making them easily accessible and highly visible to customers.

Business Operation

Expansion Potential:

This coffee business has several promising opportunities for expansion, both in the immediate future and over the long term:

Geographic Expansion: While the business currently operates in 200 locations across California, expanding into new geographic areas, both within and outside the state, could tap into new markets and customer bases. Targeting regions with similar climates or demographics where the concept might resonate well could prove fruitful.

Diversification of Venues: In addition to gas stations, mini marts, and liquor stores, exploring other high-traffic venues such as malls, airports, schools, or corporate campuses could significantly increase visibility and sales. These environments often have a captive audience looking for convenient refreshment options.

Product Line Extension: Introducing new product varieties or complementary items can attract a broader customer base and increase per-customer sales. This might include limited-time flavors, healthier options like sugar-free or dairy-free coffees, or related products such as snacks or branded merchandise.

Seasonal and Thematic Campaigns: Capitalizing on seasonal trends or creating thematic campaigns around holidays and events can generate excitement and boost sales. For instance, offering special flavors for summer holidays or seasonal festivities can keep the brand relevant and engaging throughout the year.

Partnerships and Collaborations: Forming strategic partnerships with other brands or influencers can open up new marketing channels and customer segments. Collaborations can also include cross-promotions, where partnering businesses promote each other’s products or offer bundled deals.

Franchising Model: If the business model is robust and replicable, developing a franchising model can be an effective way to expand rapidly without the need for substantial capital investment directly from the primary business entity. This approach can leverage local entrepreneurs' knowledge and capital to grow the brand's footprint.

Technology Integration: Leveraging technology to improve customer experience, such as through mobile ordering apps, loyalty programs, or interactive vending machines, can not only streamline operations but also create more touchpoints with customers, enhancing engagement and sales.

Competition / Market:

This coffee business operates in a competitive landscape that requires continuous innovation and strategic positioning. Here are some competitive considerations that have been faced and may continue to impact the business:

Market Saturation: The beverage market, including frozen and iced drinks, is crowded with many players, ranging from large chains to small, local businesses. Ensuring that the slush coffee offerings remain distinct and appealing is crucial to standing out in this competitive environment.

Consumer Preferences: Trends in consumer preferences can shift rapidly, especially in the food and beverage industry. Staying attuned to these changes, such as the demand for healthier options or unique flavor profiles, and adapting the product line accordingly is essential for maintaining and growing the customer base.

Seasonal Variability: While slush coffee is particularly popular during warmer months, there may be fluctuations in sales during colder seasons. Developing strategies to maintain steady revenue year-round, perhaps by introducing seasonal flavors or marketing promotions, could be beneficial.

Technological Advances: The emergence of new technologies in beverage dispensing and payment systems could necessitate updates to existing equipment or processes. Staying ahead with the latest technologies can enhance customer experience and operational efficiency.

Location Dynamics: Since the business operates within gas stations, mini marts, and liquor stores, changes in the traffic patterns or popularity of these locations could affect sales. Keeping a flexible strategy for choosing and evaluating site performance is important.

Competitive Pricing: Competitors may engage in price wars or promotional discounts to attract customers. Maintaining a competitive pricing strategy without compromising on quality or profitability requires careful planning and market analysis.

Reasons for selling:

Pursuing other opportunities and capital for other investments

Trading hours:

Sun-Fri 5am-11pm

Employees:
2

Other Information

Support & training:

All training will be available by owner.

Inventory / Stock value:
$7,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.