Contemporary Coffee & Pastry Cafe in an Upscale University Area

Financial Information

  • Asking Price: $449,900
  • Gross Revenue: $855,301
  • Cash Flow: $105,835
  • Down Payment: ON REQUEST
  • FF&E (Included): $100,000
  • Inventory: $5,000
  • Financing: Yes

Business Location

  • Portage
  • Kent
  • Ohio
Primary Business Category: Other Specialty Food Stores

Market leaving coffee shop that has positioned itself as an "institution". Contemporary, hip bakery, pastry, wine shop, coffee cafe. Top quality equipment and comfortable build out with drive thru in this upscale University setting validated and proven +9 years. Run pseudo absentee with trained supervisors and staff. This strong business carries its own branded coffee line with retail grocery presence. Excellent sales of $855,301, sellers discretionary cash flow of $105,835, furniture , fixtures, equipment of +$100,000 in a beautiful contemporary, modern, hip and very busy 3,300 sf cafe with drive thru. Owners relocation calls for sale with purchase price of only $449,900. Seller will consider financing one half (50%) of purchase price if buyer is approved by sellers. Modern top of line equipment and beautiful architecture in a prime, high traffic, highly visible and established location. Great online ratings, superb reputation and very busy. If you have been looking for a validated profitable, pseudo absentee investment where you are buying an " institution,, check this one out. The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.


Support / Training Comments

Seller will negotiate a transition period


Financing Comments

Seller will consider some financing for a qualified buyer


Reason For Sale
Relocation
  • Home Based: No
  • Year Established: 2010
  • Franchise: No
  • Year Acquired: 2010
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 2
  • Part time Employees: 18
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 3,300 sq ft
  • Parking: Ample
  • Monthly Rent: $3,625

Contact Business Broker

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Business Listed by

Sunbelt Akron

Contact: Jeffrey Bury
Office Phone: 330-268-4146
Mobile Phone: (330) 268-4146
Listing ID: NORTHOH001-N335

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.