Here is the coffee cart and cafe location you have been looking for!
Premium location and outstanding rent allow for annual net income of 70k plus!
Seller provided profit and loss statements showing annual net of $69,838 for 2013.
The income has been growing each of the past three years and they are on pace to net $73,683 in 2014 as they have averaged $ 6140 per month net so far in this current year (through August)
10 years in this location.
The traffic in this location continues to grow as the center continues its expansion.
These numbers are with the seller literally taking the weekends off.
Seller is satisfied with current sales and income, but you don’t have to be. Currently they are open Monday-Friday 8-6; they miss a large part of the coffee business by opening late and not being open on weekends
Do you want to increase your sales? It’s as simple as increasing your hours.
This is an all cash business as they currently do not accept any credit or atm cards.
How much money do you want to make? Expand the hours, set up a credit card terminal and see your sales and profits soar.
Sale price is based on current operations and profits, so if you are happy with 70k a year, don’t change a thing, but if you really want to see big money at the bottom line, the opportunity is right here in front of you.
They serve high end items with high margins and their customers absolutely love the menu and selections available to them.
They are the only coffee, quick serve food in the area and with huge foot traffic flowing by the customers are here for the taking. As you look at the directory for the campus you will see a big coffee (and the only) cup leading customers right to your door.
The business is set up as a cart, but you have room like a café. The space is approximately 600 square feet with monthly rent set at 10% of gross sales. That’s it, 10% of sales, and that includes your water, electrical, trash and NNN. It doesn’t get much better than this.
Landlord is ready to do a five year lease, are you ready to make some serious money!
There is also a beautiful patio are just outside your front door along with an inside seating area for your customers to enjoy their premium coffee, signature drinks, pastries and deli sandwiches. This area is s maintained by the landlord, operations are simple and efficient.
Don’t miss this great opportunity to buy into a thriving business.
Population | 3-mi. | 5-mi |
---|---|---|
2014 Total Population | 46,308 | 186,612 |
Households | 3-mi. | 5-mi |
2010 Number Of Households | 15,990 | 62,369 |
2010 Persons Per Household | 2.64 | 2.79 |
Median House Value | $369,700 | $450,944 |
Income Per Household | $54,441 | $66,771 |
Businesses | 3-mi. | 5-mi |
2009 Number Of Businesses | 1,011 | 4,930 |
2012 Number Of Employees | 21,674 | 136,922 |
2012 Total Annual Payroll | $465,560,000 | $3,127,238,000 |
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