Immaculate Turnkey Coffee Shop Available at an Incredible Bargain
Asking Price: | $129,000 |
Gross Revenue: | $257,959 |
FF&E: | $60,000 |
Cash Flow: | $57,744 |
Inventory: | $2,000 |
Established Year: | 2013 |
Don’t pass up the growth potential of this little gem. After 11 years the current owner is ready to move into retirement and looking for the successor to take over. Positioned in the heart of Westminster, this shop has survived the recent trials and rebounded ready to rock and roll. With so much going for it, this one is not one to skip over.
Highlights
Facility: This is the first highlight for a reason, it is spectacular. A million-dollar build-out covering almost 1,700 rentable square feet sets this coffee shop apart. Spacious and elegant, this is not your cookie cutter shop. Being a corner unit provides multiple walls of glass, enveloping you with the beauty of the front range from the inside. Other customers prefer to sit at the patio tables outside. Feeling like more than a coffee shop, the customers are drawn back again and again.
Legacy: Founded in 2013 with the vision of a great cup of coffee at a great price, this establishment has grown beyond its humble beginnings, evolving to a local destination point. Here customers can enjoy not only a gourmet cup of coffee, but also sample custom crafted smothered breakfast burritos, breakfast sandwiches, and cinnamon rolls, while gazing at the breathtaking mountain views.
Growth: 2023 sales grew by 19% and are trending up in 2024. One of the most exciting sales growth trends is in the non-beverage sales. Fulfilling orders for online fruit bowl sellers when the COVID restrictions decimated many of their competitors. The 2023 P&L ‘other sales’ (including: fruit sales, breakfast items, bottled drinks, and retail sales) now account for over 42% of total sales.
Elite Location: Nestled at the intersection of two of the largest thoroughfares in the city, your customers are already passing through. Located in the heart of Westminster Colorado and surrounded by over 47,000 households with an average household income of $101,529, it is prime for continued growth.
Rave Reviews: Averaging 4.6 reviews across the board, not only is this establishment known, but it is loved by the patrons. The comfortable ambiance and community support provides you with the starting point to begin your future.
Operation: The heart and soul of any coffee shop is the equipment, and this shop features Nouva Simmonelli 2 group espresso machine fed by dual Simonelli espresso grinders, two Blendtec Professional Blending Systems, a Bunn dual tank coffee brewing system, twin Bunn urns, a series of microwaves, a convection oven, dual Instapots, a panini press, an upright 2-door commercial fridge, and a chest freezer. Just add in the trained Baristas and your success is born.
Success: 2023 was yet another flourishing year, earning over $50,000 owner benefit through $250,000 sales. This level of performance was achieved with only $544 invested in marketing and advertising. You may choose to continue at this level or caffeinate the marketing level and reap the benefits.
Transition: As the current owner shifts into retirement, it is important to the owner that you are successful. Offering comprehensive training, recipes, social medial turnover, introduction to the current crew, all of the little items you will need to know, is part of the deal. It is that owners desire to set you up for success to continue their story and make it yours.
Don’t miss the chance to own a well-established Coffee Shop in a prime location with immense growth potential. Contact me today to learn more and take the next step towards owning this prosperous business.
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