Downtown Coffee Shop For Sale

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30804726
Property Subtypes: Food and Beverage
Building Size (RSF): 1,200 SF
Sale Price: $69,000
In Opportunity Zone? Yes
Name of Establishment: Coffee Shop
Year Business Established: 2017
Gross Revenue: $80,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash
Last Updated: 7/28/2022

Overview / Comments

To Roast or not to Roast; You decide! This well established Coffee Shop in the heart of Fort Harrison Clearwater, Florida is for sale. Customers enjoy a relaxing and calming time in this quaint, well lit and immaculately clean coffee shop while enjoying a delicious cup of Java personally made by its experienced 38 years + combined , efficient and friendly baristas. This coffee shop was originally opened four years ago by the current owner to fulfill a family dream to own a coffee shop with his son; the son has made a career change so father has decided to sell. Easy to run with a business license and the current restaurant license can be transferred to the new owner of this business. The equipment is only 4 years old and the current lease is assignable. The new owner can choose to renegotiate a new lease with the current landlord or relocate the business as the current lease terminates in about 10 months. Great business potential as this business location and past pre-covid history has been lucrative and now ready for a new business owner to take on and continue to grow a beloved family legacy.

Additional Details

Industry Segment: Other Food and Beverage
Reason for Selling: current owner is moving out of state.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 5 year with 5 year option. Current option is coming up.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282

Contact

Photograph of Listing Agent

Marcus Howard

REALNET BROKERAGE
CE-FL Member
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