Specialty Coffee And Yogurt Shop In Maricopa County For Sale

Business description

Attractive, well-furnished, independent Specialty Coffee & Yogurt Shop with loyal customer base for sale in Phoenix, AZ metro area. Owner has accepted employment in a distant part of the Phoenix area and wishes to relocate to reduce commute. Lease is assignable, subject to landlord approval and mutually acceptable terms and conditions. Business is owned by an experienced, numbers-oriented husband/wife team, and performance is well-documented with detailed financial and operational data. Business is attractively priced at value of fixed assets and inventory and represents a good opportunity for a creative, engaged owner to grow the Business.

Property information

Location:

1800 square ft. building (excellent corner location) located in a retail shopping center. Lease is assignable, subject to Landlord approval and mutually acceptable terms and conditions.

Size in square feet:

1,800

Business Operation

Expansion potential:

Since Owners acquired in late May 2010, the Business has been on a steady track toward profitability. Current Owners increased sales 25% in their first full year, and for the period June – December 2011 net sales increased 9% over the same period in 2010. In addition to coffee and yogurt, the Business needs one/two more featured lines to round out the day. Along with enhanced marketing to expand the Business, a creative owner likely would consider additional offerings such as deli-type products and services (including catering) and/or more focus on alternative business models.

Competition / Market:

Some franchise competitors nearby (Starbucks, McDonalds and Sonic). No free-standing coffee shops, yogurt shops or breakfast-oriented restaurants for several miles in any direction.

Reasons for selling:

Relocation

Trading hours:

Mon-Sat 6:30am-8pm; Sun 8am-6pm

Employees:

7 PT

Years established:

3

Other information

Support & training:

Will train for 3 weeks @ no cost

Furniture / Fixtures value:

$55,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)