MergerPlace

Coffee Shop St Augustine w/One of a Kind

Florida (St. Johns)


  • Asking Price: $450,000
  • Gross Income: $582,768
  • Cash Flow: $96,229
  • Real Estate: Not Disclosed
  • Inventory: $45,000
  • FF&E: $151,000
  • Listing ID: #226290
  • Established: 2018
  • Employees: 13

Business Description

Estimated 5 Million visitors per year visit the Nation’s Oldest City. An amazing build-out… $500K invested. Largest coffee shop in the historic walking district of St. Augustine. Business offers a walk-in wine cellar and various retail to explore. Fantastic location directly across from Castillo de San Marcos; the number one visited tourist destination in all of Saint Augustine. Unlimited growth potential. Beautiful frontage with patio seating that faces the Bayfront and Americas oldest fort. Every parade, trolley tour and even the famous horse-drawn carriages pass by this location many times per hour. Most tourists headed to and from Saint George St. or Castillo de San Marcos will use “Fort Alley” which is immediately adjacent to business. The large open-air courtyard in back has year-round seating with immediate views of the famous Grist Mill for photo opportunities and exits right onto Historic St. George Street. The Courtyard is also the starting point for one of the city’s most famous city ghost tours and has direct access to the new distillery. Many new and well-established business’s surround this location. A 2 COP Beer & Wine license is active, and business offers a large selection of craft beer, frozen cocktails, and wine by the glass & bottle. Business is also setup to dispense 4 flavors of Nitro Infused Cold Brewed Coffee as well as 4 beers on tap. For those seeking something a little different, 6 selections of frozen cocktails are available. State-of-the-art coffee equipment and superior staff of trained Barista’s offer the latest creations in the coffee industry. A variety of breakfast items including bagels with egg and cheese, various pastries, and muffins easily accompany any order. Professional Social Media and Creative Marketing continues to build on a well-known name. Website and many other recognizable social media platforms are already active. The opportunity for a location like no other will most likely only come once in a lifetime. Please refer to listing number 7101-462591 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: 13

Financial Information

Asking Price: $450,000
Gross Revenue: $582,768
Cash Flow: $96,229
FF&E: $151,000
Inventory: $45,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 11733 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