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#5880
Tempe Restaurants For Sale

Tempe Coffee Shop - Perfect For Family or Owner Operation!

$50,000
Sold
Tempe Coffee Shop - Perfect For Family or Owner Operation!
This Listing is Sold

Have you ever wanted to be your own boss or the owner of your own business? There are few better businesses for first time business owners then a coffee shop like this! Whether your a first time business owner or an experienced veteran, you won't want to miss an opportunity like this!

This Tempe coffee shop is fixed with amazing equipment and solid location. Prior to closing their doors in April due to changes in operation plans within the ownership, this shop showed increasing revenue and profitability. This is an absolutely perfect business to be family-ran or for an owner-operator.. Don't miss out!

The beautiful artwork and comfortable seating areas positions this location to attract many young professionals and students as a hub for study or conversation. This coffee shop is located right nextdoor to the largest AA center in Tempe. There is a real opportunity to capitalize on a growing community that relies on this coffee shop to socialize or relax. For years, the AA center has supplied a consistent base of regulars that have made this shop into a community. Expand upon the already consistent member base and grow this location into a destination for scholars and professionals alike. Shopping center also contains several corporate office suites which provide regular foot traffic and catering opportunities. 

This coffee shop is 1400 square feet. The rent is $2095 per month including NNN.

Owner purchased the coffee shop in February, right before the Covid-19 shutdowns. Even with these shut downs there have been promising sales. Not to mention, the office spaces and the AA center that provide consistent foot traffic have been limited to under 50% capacity! With vaccine deployment well on its way, this is the perfect time to make your move on an incredible opportunity.

This is a Paramount Restaurant Brokers, Inc. listing.
Vice President Sales Kyle Swanson DRE License #Arizona SA692125000 California 02121077

Lease

Region:
Tempe Restaurants For Sale
Lease Term:
Expires Aug 2022 w/ 3-Year Option
Total Monthly Rent:
Contact Agent

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
1
Hours Open:
Everyday 7am - 4pm
Year Established:
2020

Facilities

Indoor Seating:
30
Outdoor Seating:
7
# of Parking Spots:
Ample
Inside Sq. Ft.:
1,400

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 50,858 150,899 237,999
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,121 61,157 95,167
2010 Persons Per Household 2.29 2.30 2.32
Median House Value $171,500 $173,855 $181,365
Income Per Household $50,455 $44,037 $48,942
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,979 5,333 7,768
2012 Number Of Employees 89,932 249,280 356,820
2012 Total Annual Payroll $1,953,703,000 $4,294,967,295 $4,294,967,295

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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