Profile No. CA-0676, Coffee & Ssandwich Shop
|Profile No. CA-0676
||Coffee and Sandwich Shop
|NAICS or Sic Code: 722213
||Industry: Snack and non-alcoholic beverage bars.
|Gross Sales: $120,360
||Sellers Discretionary Earnings: $15,620
|Value of Assets Included: $18,500
|Asking Price: $65,000
||Seller will finance with only $25,000 down!
Description: This well established coffee and sandwich shop has been located in the same location of busy downtown Colorado Springs for almost 20 years. They have great customer service and a lot of repeat clientele. Besides coffee and tea they have salads, sandwiches, soups of the day and desserts. It has become a popular place for business people to hold meetings.
This business was started by its current owner in 1993 and has been in the same location.
Hours of operation are Monday – Friday 6:30 am –4:30 pm Saturday 8:00 am—2:00 pm
Owner financing: $25,000 down, Owner carry $40,000 @ 6% for 10 years with a 5 year balloon. Approximately monthly payment of $448.00.
The current owner has relied solely on word of mouth for the past several years and has not tried to go after different market segments. With a large seating area, there is ample room to bring in some live music and cater to the evening crowd as well.
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