Turnkey Coffee Shop

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30776933
Property Subtypes: Food and Beverage
Building Size (RSF): 1,200 SF
Sale Price: $85,000
Year Business Established: 2019
Gross Revenue: $180,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 1/3/2022

Overview / Comments

Completely turnkey, fully functional coffee shop in strong up and coming neighborhood. All of the heavy lifting has been done on this business opportunity. Started at the onset of the pandemic, this start up business was able to sustain through the worst of times and is positioned to enter a time of steady growth. This location is a well know, high traffic neighborhood with many existing and thriving businesses. Existing employees willing to stay on if new owner chooses.
There is no other business opportunity available in this price point with this same growth potential.

NOTE: Full equipment list is attached.

Additional Details

Industry Segment: Other Food and Beverage
Reason for Selling: Other business interests/demands
Value of Inventory Included ($): $8,000
Value of Furniture, Fixtures, and Equipment ($): $43,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Great lease in place with options for 10 plus years. Current monthly rent is $1,250 per month.
Seller Financing Description: Negotiable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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