For Sale: Speciality Coffee Roaster And Retailer - SBA Loan - California, California

Description

This Californian specialty coffee roaster and retailer is a California S Corporation and was started 14 years ago and has been under current ownership since inception. They produce award-winning coffees (they have won several awards) and can be purchased in their retail cafes, online, and grocery stores. With multiple revenue streams and outlets for distribution, this coffee roaster has been growing and expanding over the past several years.

They have 3 retail coffeehouses and 5 other licensed shops where coffee can be purchased. They also offer a wholesale side of the business selling coffee to Restaurants, Coffee bars, grocery, and office coffee. Additionally, they have online web sales as well as equipment sales. The Education portion is a big part of the foundation of this coffee roaster, and they offer a range of classes from home to professional.

With a selection ofbBarista classes, Latte art, coffee tasting, and coffee brewing they cover the needs of coffee lovers and provide a hands-on experience for customers to find the best brewing method for them, and professional baristas to understand the complexity of creating that perfect cup. They have developed direct relationships with passionate farmers over the years that allow them access to the pick of the crop, microloans, and the best-tasting coffees. They care as much about their farmers as they do about the quality of the coffee in each cup served. By committing to purchasing annually it provides sustainability to their producers and for the coffee roaster. Local fundraisers have helped with social projects at schools in Guatemala.

They choose producers who look to improve their environment, working in countries such as Guatemala, Honduras, Costa Rica, Colombia, and Brazil. Their coffee professionals are highly trained, and their baristas have competed locally, regionally, and nationally in competitions. They roast every coffee to bring out amazing flavors inherent in the coffee bean and have made it easy for customers to find the coffee they will like. They are always part of community events and a leader in making coffee approachable to all. They have been a member and participant in the Specialty Coffee Association (SCA) since 2007.

The global coffee roaster market was valued at USD 1.22 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The rising demand and inclination of consumers towards the consumption of coffee across the globe is a primary factor driving the growth.

The seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be provided at agreed upon price and terms between the new buyer and seller. Sellers are selling to pursue other interests.

Detailed information
- Year Established: 2008
- Home-Based: No
- Franchise: No
- Relocatable: No
- Is Property Leased: Yes
- Real Estate Included: No
- Real Estate Available: N/A
- Real Estate Value: N/A
- Part-time Employees: 25
- Full-time Employees: 5
- Building Size: 5,830 sq ft.
- Monthly Rent:

Facilities Description: They currently operate out of 3 retail locations in California, with one of them having a roasting facility as well. One location that has the roasting facility is approximately 2,850 square feet with a monthly rent of $4,100 and a lease that expires on September 1, 2040, with an option for another 10 years. The second location is approximately 1,480 square feet with a monthly rent of $3,881 also with a 10-year lease that expires in June 2028. The third location is approximately 1,500 square feet and is a newer retail location starting in August 2020 with a minimum monthly rent of $2,250 + NNN at $1.17 per square foot, or 9.5% of gross revenue, whichever is greater. The lease term is 5 years and 2 months.

- Asking Price: $2,190,000
- Cash Flow: $500,000
- Gross Revenue: $2,500,000
- Down Payment: $2,190,000
- Financing: No
- FFE (Included): $400,000
- Inventory: $100,000


Broker: ProEquity Asset Management Corporation License ID: 01870526