This is a great local coffee shop with regular stable customer base in a fast-growing city. Same location for over 20 years. Roasting on site creates hand-crafted, artisan coffee. Baristas are well trained. This would be a great business for someone who enjoys providing great service and a smile to great customers.
This is a stable cash-flowing business with above average profit margins. Even with a tight labor market, the owners have been able to hire employees with great attitudes, who love to work at this coffee shop and have low turn-over.
Baked goods and other grab and go items provide increased revenues.
The shop has a local neighborhood feel with a cool funky vibe.
There is plenty of potential for growth. The current owners have done very little marketing. Even the signing and building are kind of non-descript. Delivery in the restaurant industry, including coffee shops, has increased 20% over the last five years, according to recent research by NPD Group. A delivery service could increase revenues with very little overhead utilizing Uber-eats, Door-dash or another app. A smartphone app designed specifically for this coffee shop could allow for pre-ordering to create a faster pickup, optimizing peak hour operations. Although baked goods are sold, additional food options could be considered.
There are other coffee shops in the area, but this is a long-time location with regular customers.
Owners want to focus on a new business they have started.
Will train for 2 weeks @ no cost. A local business license and health inspection are easily obtained. As with any business purchase, a buyer should have good general business skills. Current staff have the roasting and barista skills to run the business, giving time for a new owner with no roasting or barista skills. A new owner must have a love of coffee.