Consider entering one of the most popular business segments, one that most everyone can identify with – specialty coffee. Here’s your opportunity to own and operate a small and growing chain of specialty cafes that also has a wholesale distribution business. The business has been around for over 15 years, is a fixture in their community and has a loyal customer following. The cafe’s are all located in New Hampshire. They roast their own coffee which is featured in their cafes and sold through their wholesale distribution channel.
The selling price includes $176,575 of Furniture, Fixtures & Equipment. The inventory of approximately $30-$35,000 is additional.
Business Price: $250,000
Inventory: $30,000-$35,000 (approx.) not included in asking price
Furniture, Fixtures, & Equipment (FF&E): $176,575 Included in asking price
Sellers Discretionary Income: $141,890
Real Estate: Leased
Facilities: The Company has several retail locations and a roasting facility. (Details to be shared with qualified buyer)
Competition: The Company’s cafe business serves the local geographic markets within the towns each is located. All locations are in New Hampshire. There are a number of competitors in the market but none seem to be as committed to the sourcing, roasting and serving of speciality coffees. The wholesale business has plenty competitors but this one has many long-term customers who value the high product quality level and overall service received.
Growth & Expansion: The Company has recently opened a new location which is expected to significantly boost revenues and profits in 2018. Owner has identified a number of additional opportunities for growth and will share with qualified buyers.
Support & Training: Seller willing to stay on to support and train new owner for a limited time and is interested in a full-time position.
Reason for Selling: Divestiture
Location on map below is not correct. Must complete Confidentiality Agreement before First Street will share business locations. Thank you.