Leading Coffee Company Converting To Franchise
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $520000
Net Profit / Cash Flow $104392
Cash Flow Type EBITDA
Seller Finance No
Year Established 2006
Number of Employees 4 - 5
Inventory 78750
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Franchisor training included in price.
Reason for Sale Starbucks closing various locations due to corporate restructuring.
Description Financials (Proforma):
Asking: $180,000.
Gross: $520,000.
Cash Flow: $104,392.
FFE: $78,850 (Included in asking price).
Inventory: $12,000 (Included in asking price).
Business Summary:
Several Starbucks locations are scheduled to close due to corporate restructuring. This is an excellent opportunity to convert an existing Starbucks location to a similar concept featuring Seattle's Best Coffee, a Starbucks brand. This unique franchise opportunity, known as Coco Moka Cafe, is a full service, upscale coffee shop and cafe offering, in addition to a full line of Seattle's Best Coffee espresso drinks, and additional menu of signature sandwiches (fresh made or pre-made/ordered), gourmet salads and soups, smoothies, deserts and pastries. Starbucks has been in these locations for several years. This is a tremendous edge over a new start-up business and new location. Customers have established these locations (Seven in DFW area) as successful sites of a coffee franchise.
Facilities: These former Starbucks locations are in prime areas in Dallas, Plano, Arlington and Ft. Worth. They were designed by Starbucks and some locations may have furniture left behind by Starbucks. Financial information and investment income will vary based on location.
Market Outlook:
Competition: Coffee drinkers tend to go to the same location and Seattle's Best (Starbuck's Brand) was preferred by 8 of 10 in taste test, this can be a full-lunch menu generating more revenue than Starbucks and owner-operated stores do better than employee-owned. So Starbuck's revenues can be achieved and exceeded!
About the Sale:
Financing: Buyer to obtain financing, but various sources are available from Broker.
Support/Training: Franchisor training included in price.
Reason Selling: Starbucks' closing various locations due to corporate restructuring.
Click Here To Contact Seller
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