Turn-Key Coffee Shop with Prime Location and Growth Potential

Description

This is a reputable coffee shop with over a decade of experience, known for its top-tier coffee and best-in-town breakfast sandwiches. The shop is located in close proximity to various colleges with little to no direct competitors nearby, which plays a key role in its success. The business enjoys a high amount of foot traffic and is positioned for a 20% revenue growth in 2024. The owner/operator is ready to sell this business which currently enjoys great reputation, a loyal customer base and growth potential available.

Listing Details

• Listing Number: 80041-698949
• Location: Essex County, Massachusetts
• Price: 400,000.00
• Down Payment: 80,000.00
• Sellers Discretionary Earnings: 195,676.00
• Category: Restaurants


• Inventory: 5,000.00
• FF&E: 15,000.00
• Employees: 8
• Years Owned: 4
• Reason for Selling: Relocation