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#3875
Bremerton~Bainbridge

17 year old Coffee Shop, End Cap-Make it yours

$38,500
Sold
17 year old Coffee Shop, End Cap-Make it yours
This Listing is Sold

This is a chance to get in on a Big Name Brand without the franchise fees. This coffee company is well established and has a very classy, high end reputation and is the only one currently in Kitsap County. The current owner has exclusive rights to Kitsap, Mason, Jefferson and Clallam counties with no competitors allowed.


The current owners are absentee and don't have the man hours to watch over this. Ideally, an operator owner would do the best: a $50,000 savings in wages could be an add back, not to mention if it is you promoting your business, everything is always better.

There are many untapped and not well promoted revenue streams that I saw immediately upon entrance, one is whole bean coffee retail sales, second is lunch (that would be huge), not to mention local community events and tons of merchandising space. It is a beautiful space with top of the line automatic machines.

The location is also in a very desirable area and on an end cap. The possibility of adding a drive thru was discussed and may be a thought, but not necessary runs beautiful as is.

Go on in and take a look, order a coffee and plan your future; then call me.

This is a Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583

Lease

Region:
Bremerton~Bainbridge
Lease Term:
5 year with options
Total Monthly Rent:
$2,135

Financials

Last Year's Annual Gross:
$217,280

Operations

# of Part-Time Employees:
6
Hours Open:
Mon thru Thursday 5:30 am to 8 pm
Friday 5:30 - 9pm
Saturday 6 am to 8 pm
Sunday 7 am to 6 pm
Year Established:
1995

Facilities

Indoor Seating:
18
# of Parking Spots:
75
Inside Sq. Ft.:
1280

Highlights

  • Branding without a Franchise Fee
  • Business is 16 years old and going strong
  • Respectable numbers and reputation
  • Still untapped potential for additional marketing and sales
  • Rent of 2727 includes water,sewer and garbage
  • State of the art automatic espresso machines
  • Corner End Cap, beautiful visibility on main road through the area
  • Owner, Operator would loves this Business
  • Over $217280 the last 12 months, that is Terrific for a coffee house
  • Hurry to take advantage of negotiating a new lease
  • Seller financing available
  • Landlord Will negotiate New Favorable Lease

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 20,134 50,455
Households 3-mi. 5-mi
2010 Number Of Households 7,977 19,021
2010 Persons Per Household 2.45 2.61
Median House Value $297,500 $244,165
Income Per Household $60,635 $62,806
Businesses 3-mi. 5-mi
2009 Number Of Businesses 861 1,182
2012 Number Of Employees 22,952 32,572
2012 Total Annual Payroll $346,306,000 $496,612,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Larry Braden CA License #01492583 and WA License #18058 ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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.


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