Business For Sale Listing 151693
Incredible Coffee House Franchise in Shopping Mall
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
Summary Description
Incredible opportunity to own coffee house franchise established for over 12 years and situated in the heart of large busy shopping mall that is being visited by millions of people. Business operated under concept similar to Starbucks offering great variety of hot and cold drinks and baking goods, carrying close to 50 different varieties of coffee beans including some of the most difficult to get, coffee pots and mugs. During the holiday season variety of gift baskets are being offered as well. Surveillance CCTV monitoring system enable owner to monitor business from his home. Business open 7 days from 9am to 10pm. Easy, turnkey business to run. Strong franchise backing. Priced for quick sale. Do not miss this opportunity. To qualify Buyer must have Net worth of at least $300,000 out of which $150,000 must be in liquid assets. For additional information please contact us.
General Information
Facilities: Coffee house located inside of indoor large shopping mall in Suffolk County. Occupies 1000 sqf. Lease expires 2015. Ample parking
Growth and Expansion: Currently business is operated as an absentee owner. If the business operated by actively involved owner he should be able to increase net profit by at least 50% by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding sandwiches could dramatically improve business as well.
Support/Training: Franchisor will provide 2 week training
Reason Selling: Owner own 3 other the same franchises in Pittsburgh and permanently relocating there
Year Established: 1996
Employees: 1F/7P
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