Classic Akron Area coffee shop, pastry and baked goods, restaurant, liquor license for both areas of the café serving wine and cocktails. Two areas of the business include the coffee café and restaurant offering a great diversification opportunity.
Two businesses in one, comes with a D5 liquor license for both sides of the business serving wine and cocktails. Loyal following and tradition in this bustling, eclectic college town coffee and pastry café. Validated and proven 13 years. Coffee shop connects to the restaurant area used for additional seating currently for indoor seating capacity of 100 and additional sidewalk seating in warmer months.
If you have been looking for a classic, proven college town coffee café with pastry, liquor license and second area for a restaurant to fit your strategy and type priced to sell with possible seller financing of 50% of purchase price, check this one out!
Financial Information
$330,000
Asking Price
$141,386
Cash Flow
$659,242
Gross Revenue
On request
Down Payment
Yes
Financing
On request
Adjusted EBITDA
Business Location
City:
Akron Area
State:Ohio
Financing Comments
Seller will consider 50% of purchase price, if approved
Reason for Sale
Health Reasons
Detailed information
Year Established:2011
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:8
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: No
Inventory Value:
$7,000
Monthly Rent:
$5,600
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 3215
FF&E Included?: Yes
FF&E Value: $40,000
Training/Support
Seller will negotiate a transition period
Facilities
2,115 sq. ft. $3,600/month, 42 seats. Second 1,100 sq. ft., $1930/month 33 seats, sidewalk seating, occupancy 100.