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Parlour - Coffee, Tea, Sandwiches And Pastries For Sale

Location  Colorado Springs, Colorado, United States
Asking Price Range  $250K - $500K
Gross Revenues  $488128
Net Profit / Cash Flow  $108578
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1990
Number of Employees  4 - 5
Inventory  20000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Negotiable as required by purchaser.
Reason for Sale  Other interests

This well-established coffee shop offers clients more than just a place to get some good coffee and baked goods. It offers an elegant, comfortable, and inviting setting that is a favorite for many-no matter what type of meeting. It boasts homemade quality and generous helpings on menu items and baked goods. The owners started this business 19 years ago this Fall and have had great success. The personal service is a reminder that not all successful businesses have to be run like a McDonald's. The longevity speaks for itself and should continue to provide good income to an owner-operator. Real estate is offered with the business for an additional $349,500. Purchasing the real estate would afford a new buyer the ability to amortize a loan out for up to 25 years instead of 7-10. The current owners have not done much marketing to bring in additional business, leaving room for a new owner to increase sales immediately through marketing and a web presence. There is enough room to offer live music as well as the potential to offer beer and wine for evening sales. The coffee menu could be expanded considerably to increase profits as well. Asking Price is now only $149,000 down from $265,000. Call Mark Gilliland 719-635-8133

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