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Coffee Shop
Location: United States -> Utah -> Wasatch Front
Industry: Franchises > Food and Beverages

Business Summary

This mom-and-pop coffee franchise services the local community with hot and cold espresso-based drinks, smoothies, homemade pastries, muffins, desserts, quiche, lunch snacks, and breakfast. The current location will be demolished, and the business needs to move by June 10, 2023. The proposed new location, a block from the existing store will be available on April 1. There are also several apartment complexes under construction within a ¼ mile of the proposed new location. The new owner is free to choose a location in Clearfield, as there has been no lease signed. The business has maintained a loyal customer base who will migrate to their new location.
The current owners, and the new owners, will have franchise rights to the current brand name in the current city.
Thus far, there has not been any advertising other than word-of-mouth and organic Facebook posts, leaving much room for growth with a small ad spend. Over the last three years, the current owners have shortened their hours, and have closed the business on Mondays. All current vendor relationships will remain intact through the transition. Asking price is $62,900.


Asking Price Range:  < $250K
Gross Revenues:   $382,624
Cash Flow:   $75,198
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $30,500
Seller Financing:  Not Disclosed

About The Business

Year Established:  1996
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  negotiable
Reason For Selling:  retirement

Print Listing Id: 700383430
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