MergerPlace

Profitable Tea and Coffeehouse-Detroit

Detroit, Michigan (Wayne)


  • Asking Price: $399,000
  • Gross Income: $649,000
  • Cash Flow: $149,500
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209550
  • Established: 2004
  • Employees: 3 F/T 1 P/T

Business Description

Well established tea and coffeehouse with excellent profit margins. The business runs semi-absentee (the owner manages the managers). This will allow a new owner to keep their current job through a transitionary period and beyond. This coffeehouse celebrates classic café fare alongside globally influenced coffees and teas in an environment that is both classic and friendly. Our customers enjoy fresh coffees, teas, specialty drinks, pastries, scones, cookies, quiche, sandwiches, salads and so much more. The staff and management team are dedicated and prideful but few employees are needed to run high volumes of revenue. Small foot print keeps overhead down. Combine that with low employee costs, this equals high margins and profits. This coffeehouse is very easy to operate. There is a successful business system to follow and a tremendous market of people who spend daily on coffeehouse drinks and cuisine. Full training and ongoing corporate support are included.
OTHER DISTINGUISHING BUSINESS FACTORS INCLUDE:
- Ability to keep your full-time job
- Managers run café
- Ability to open multiple cafés in this same demographic
- Limited flexible time commitment
- Multiple revenue streams
- Cash business with no receivables
- Community involvement
- Habit forming product.
Contact Chris for detailed information about this business at 914-282-7538


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
Metropolitan Area: Detroit
County: Wayne

Company Information

Year Established: 2004
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 F/T 1 P/T

Financial Information

Asking Price: $399,000
Gross Revenue: $649,000
Cash Flow: $149,500
Seller Financing Available: No

Property Information

Facilities:

Contact for detailed information about this business.

Growth & expansion opportunities:

High demand allows for continual long-term growth of this business.

Competition:

Very popular, outstanding name in the industry.

Support & Training:

Full training and support will be included.

Contact Business Seller

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Business Listed By:

Chris P

DM Brokerage