Property ID : PS38.46
For Sale, Real Estate $1,377,000.00 - Cafe-Coffee Shop, Real Estate
DESCRIPTION:
- Coffee Roasting Business with Real Estate located in Western NY.
- Coffee is roasted in house, packaged and sold locally. It is also sold nationally through an online presence.
- Exclusive roasting recipes and flavoring recipes are included in sale. They are unlike what any competitors offer.
- Services 91 wholesale account customers (restaurants, cafes, hotels, offices, retailers, etc.
- Many of these accounts have been steady for 5-7 years, providing consistent yearly revenue.
- Steady growth for over 10 years without advertising with repeat and new customers.
- On-line presence had a 38% growth rate from January through December, 2020.
- Accomplished this growth with no expense on advertising locally or on the Web.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
Furniture, Fixtures, Equipment and Vehicles at a Fair Market Value of $ 408,700
Inventory at Cost of $ 5,000
Real Estate at Fair Market Value of $ 775,000
SALES AND SDE
Sales: 2019 – $ 453,737 2018 – $ 353,816 2017 – $ 409,808
SDE: 2019 – $ 103,646 2018 – $ 83,084 2017 – $ 139,045
REAL ESTATE:
New Building with Hi- efficiency HVAC system and large parking lot.
PRICE/FINANCING:
The Asking Price is $ 1,377,000
COMMENTS:
A very popular business that is always growing. Many opportunities to expand this business into a large-scale operation that services local companies and can develop the retail online sales into its own large-scale entity.
Growth potential is unlimited with an aggressive buyer.