$100,000.00
Asking Price
Status: Active
Posting ID: 291141
3/15/25
Description
Popular Absentee Owned Northern California Coffee Franchise - SC2217
Financial Information
Asking Price: $100,000
Cash Flow: On request
Gross Revenue: $300,000
Down Payment: $100,000
This Northern California based Coffee Franchise is a California Sole Proprietorship and was formed 5 years ago and has been under current ownership since inception. The franchisor has been operating since the 1960’s, and have been dedicated to crafting the perfect cup. They are committed to improving conditions in coffee communities around the world. They responsibly source coffee from 24 countries and perform 20,000 annual audits supporting 23,000+ farmers. This franchise is located in a unique high traffic area. They have highly trained baristas and offer a wide variety of coffees and teas. This is an absentee run business. The new owner is NOT OBLIGATED to retain this location under the franchise name, and can convert it over to an independent business. They are open Monday through Saturday from 10:00AM to 9:00PM and on Sunday from 11:00AM to 7:00PM.
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is Seller would like to pursue other interests.
Detailed information
Year Established: 2020
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 6
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 2
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $5,000
Monthly Rent: $19,226
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 800
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
The Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Facilities
They currently operate out of an 800 square foot space with a base rent of $13,930.61 and monthly CAM charges of $3,608.29. There is an additional fee of $1,714.41. The current lease term is until 2030.
Market Outlook/Competition
The market size, measured by revenue, of the Coffee & Snack Shops industry was $63.6B in 2022. The market size of the Coffee & Snack Shops industry increased 2.2% in 2022. The market size of the Coffee & Snack Shops industry in the US has grown 5.6% per year on average between 2017 and 2022. The market size of the Coffee & Snack Shops industry in the US increased faster than the economy overall.
CA 02100708
NV 1003039
To get more information about this Popular Absentee Owned Coffee Franchise SC2217 business for sale in Northern California please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #291141 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Popular Absentee Owned Coffee Franchise SC2217, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.
Contact
Details
Asking Price: $100,000.00
Down: $100,000.00
Cash Flow: Call/Email
Revenue: $300,000.00
Area: Northern California
City: None Given
Attributes:
My Notes About This Listing
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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