Coffee Shop

Michigan

For sale! Four standalone coffee shops located in beautiful Michigan. All four are drive-thru locations and have been in operation for multiple years. Current owners do not reside in the area and operate from a distance. Menu includes coffee, tea, energy drinks, cream freezes, children drinks, breakfast sandwiches, and other food items.

Listing Number:

25601

Category:

Food - Coffee

Location:

Michigan
$3,000,000

Financial Information:

Gross Revenue:

$2,263,579

Listed Price:

$3,000,000

Down Payment:

$0

Total Income:

$397,280

Year Established:

2018

Lease Information:

Square Feet:

4085

Total Rent:

$20,234

Lease Expiration:

N/A

Lease Options:

Two additional five year terms

Asset Information:

Leasehold Improvements:

$231,185

Equipment / Fixtures:

$111,134

Inventory:

$23,419

Other Assets:

Intangibles - $88,969 (franchise fee, loan fee and good will)

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

55

Special License Required:

Health Department & Sales tax

Contract Labor:

0

Training Period:

30 days

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Eric Iffland
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Coffee Shop
Michigan

Listing Number:

25601

Category:

Food - Coffee

Location:

Michigan

Listed Price:

$3,000,000
brokerPhoto
Eric Iffland
License #:
For sale! Four standalone coffee shops located in beautiful Michigan. All four are drive-thru locations and have been in operation for multiple years. Current owners do not reside in the area and operate from a distance. Menu includes coffee, tea, energy drinks, cream freezes, children drinks, breakfast sandwiches, and other food items.

Financial Information

Gross Revenue:

$2,263,579

Listed Price:

$3,000,000

Down Payment:

$0

Total Income:

$397,280

Year Established:

2018

Lease Information

Square Feet:

4085

Total Rent:

$20,234

Lease Expiration:

N/A

Lease Options:

Two additional five year terms

Asset Information

Leasehold Improvements:

$231,185

Equipment / Fixtures:

$111,134

Inventory:

$23,419

Other Assets:

Intangibles - $88,969 (franchise fee, loan fee and good will)

Additional Information

Full-Time Employees:

3

Part-Time Employees:

55

Special License Required:

Health Department & Sales tax

Contract Staff:

0

Training Period:

30 days

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.