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National Coffee Shop Franchise-$400k Invested For Sale

Ocean County, New Jersey, US
Asking Price:
$99,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$352,093
Cash Flow:
Available on request

This national coffee shop business celebrates classic café fare alongside globally influenced coffees and teas in a classic and friendly environment.

It generated close to $400,000 in average revenue during the last two years, and the current owner has been running it semi-absentee as he was transitioning back to a corporate role that aligned with his passion.

A more dedicated owner can easily grow this business by implementing additional marketing and building on local community engagements.

The current owner has invested close to $450,000 in leasehold improvements, furniture, fixtures, and equipment to create a truly modern coffee shop experience at a popular location in Ocean County.

Property Information

Real Estate:

Lease

Premises Details:

The business is located in a 1,740 square feet modern facility in a newly built lifestyle center next to an enclosed mall. There is lots of parking, allowing the business to host car shows and attract more patrons.

Business Operation

Expansion Potential:

Several growth opportunities exist for the business to engage with active community organizations and bring more frequent customers using a loyalty program. The neighboring stores close to this business are poised for expansion which will also increase the foot traffic for the business.

Competition / Market:

There are other coffee shops in the area. Still, with the growing demand for quality coffee shop experience, this business is uniquely positioned to capture a bigger portion of a growing market.
Coffee & Tea businesses have been growing at 7% to 10% annually. 83% of Americans drink Coffee daily, averaging three cups per day. Coffee shops are a fragmented category outside of Starbucks; two out of three consumers prefer other local coffee shops.

Reasons for selling:

The owner has returned to a corporate role.

Trading hours:

Mon-Fri 7am-6pm; Sat 8-6; Sun 8-5pm

Employees:
1 FT/6 PT
Years established:
4

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$49,000 down/$50,000 over 12 mos. @ 7%.

Furniture / Fixtures value:
$140,558 - included in the asking price
Inventory / Stock value:
$6,126 - included in the asking price