Top 3 Ranked Scooter's Coffee Shop
Texas
| Asking Price: | $695,000 |
| Gross Revenue: | $885,000 |
| EBITDA: | $73,000 |
| Real Estate: | $505,000 |
| Cash Flow: | $162,500 |
| Inventory: | $9,200 |
| FF&E: | $120,000 |
| Established Year: | 2022 |
Listing ID: 2225876Listing provided by BizBuySell
BUSINESS DESCRIPTION
Located in north Central Texas, this is a 2-1/2 year old, highly profitable Scooter's coffee franchise. The business is consistently ranked in the top 3 in Texas, and is located in a Division 1 college town. The building, valued at $505,000 will be included in the sale, but is not included in the listing asking price. Total purchase for the business and building is $1,200,000.
DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Real Estate
Owned
Building SF
550
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The building is a 550 sf, free-standing kiosk on leased land (expires 2042). All furniture, fixtures and equipment is included.
Competition
The business is located in a college town providing a robust market for its offerings. There are three competing locations within a 3-mile radius including Starbucks and Cold Smoke Coffeehouse.
Growth & Expansion
The university has just been named a Division 1 college affording many more opportunities for growth including tourism from collegiate-level sporting events. The Chamber of Commerce is very active and there are multiple events to promote the business. Sponsorships, school fundraisers, billboards and local radio are also avenues to promote and generate additional revenue. A second location in the town is feasible at this time.
Support & Training
There will be required corporate training for new franchisees, and the owner is willing to stay on to assist with the transition for a period to be negotiated.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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