National Coffee Shop
franchise for sale in Ocean County, New Jersey
List Price: $99,000 USD
Key Facts
Annual Gross Revenue
$352,093 USD
Cash Flow
Less than $25,000
Seasonal Business
No
Value of Inventory
Less than $25,000
Value of Assets
$100,000 – $150,000
Year Established
2019
Business Operates From
A retail location
Location Is
Leased
Total Employees
Less than 10
1–3 MonthsTransition
Support
NonePrice/Terms
Flexibility
SomeSeller financing Available
Part-timeOwner
Involvement
About this Business
This national coffee shop business celebrates classic café fare alongside globally influenced coffees and teas in a classic and friendly environment.
It generated close to $400,000 in average revenue during the last two years, and the current owner has been running it semi-absentee as he was transitioning back to a corporate role that aligned with his passion.
A more dedicated owner can easily grow this business by implementing additional marketing and building on local community engagements.
The current owner has invested close to $450,000 in leasehold improvements, furniture, fixtures, and equipment to create a truly modern coffee shop experience at a popular location in Ocean County.
Growth opportunities
Several growth opportunities exist for the business to engage with active community organizations and bring more frequent customers using a loyalty program. The neighboring stores close to this business are poised for expansion which will also increase the foot traffic for the business. There are other coffee shops in the area. Still, with the growing demand for quality coffee shop experience, this business is uniquely positioned to capture a bigger portion of a growing market.
Owner's Day-to-Day Involvement
Semi-absentee
Additional Info
There are other coffee shops in the area. Still, with the growing demand for quality coffee shop experience, this business is uniquely positioned to capture a bigger portion of a growing market. Coffee & Tea businesses have been growing at 7% to 10% annually. 83% of Americans drink Coffee daily, averaging three cups per day. Coffee shops are a fragmented category outside of Starbucks; two out of three consumers prefer other local coffee shops.
Asset Description
The business has furniture, fixtures, and equipment worth nearly $150,000 and leasehold improvements of nearly $300,000.
Reason for Selling
The owner has returned to a corporate role.