MergerPlace

Old City St Augustine Coffee Shop

Florida (St. Johns)


  • Asking Price: $629,000
  • Gross Income: $639,498
  • Cash Flow: $89,134
  • Real Estate: Not Disclosed
  • Inventory: $80,000
  • FF&E: $193,000
  • Listing ID: #212312
  • Established: 2018
  • Employees: 14

Business Description

Over 5 Million visitors per year pass this location!Amazing build-out! One of the largest coffee shops with retail in the historic walking district of St. Augustine. Over one-half million dollars invested on this spectacular location. Directly across from Castillo de San Marcos, the number One visited tourist destination in our nation's Oldest City. UNLIMITED POTENTIAL.Beautiful front patio with seating that faces the Bayfront and Americas oldest Fort. Winter time seating includes firepits that attract tourists throughout the cold season. A 2 COP Beer & Wine liquor license is currently active with "Private Labeled Wine" being sold. This opportunity, for this location, may only come once in a lifetime Please refer to listing number 7101-532478 and advisor Richard Murray when inquiring on this listing


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: St. Johns

Company Information

Year Established: 2018
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14

Financial Information

Asking Price: $629,000
Gross Revenue: $639,498
Cash Flow: $89,134
FF&E: $193,000
Inventory: $80,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 10600 Square Footage: 2200 Building Type: Attached Terms & Options: Five Year Expiration Date: 5/1/2023

Reason for selling:

Retirement

Support & Training:

Seller will train for 2 weeks at no cost.

Contact Business Seller

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Business Listed By:

Richard Murray

Transworld Business Brokers