$273K EBITDA. Coffee Cafe' Established 30 years Waterfront Location. Short Hours. Plenty of Growth Available -

$273K EBITDA. Coffee Cafe’ Established 30 years Waterfront Location. Short Hours. Plenty of Growth Available

Ad ID : 2142094

Business Type

Coffee/Cafe'

Listing Details

Asking Price:$899,000
Annual Gross Revenue:$960,816
Annual EBITDA/Cash Flow:$233,000

Summary Description

1st Time Offered. Netting $233K. An extraordinary opportunity has arisen to acquire a long-established and highly successful coffee shop located on the waterfront in an extremely busy area. The business is a popular spot for both locals and tourists alike located on heavily trafficked street. Over the past 30 years of operation, it has cultivated a loyal customer base. The present Seller has owned the business for 20 years and there was 1 only owner prior. The cafe has a warm, funky, and inviting atmosphere, and the staff is friendly and welcoming. Business has been the perfect place for its customers to relax with a cup of coffee, work remotely or to meet up with friends for a chat.
This business is a landmark and one where relationships are cultivated and maintained on a personal first-name basis.
Serves typical items found at most coffee/café type businesses: expresso drinks, lattes, tea, frozen drinks, simple sandwiches, bagels, muffins, bottled beverages, etc.

Interested in additional Information?
1) Download or open the NDA Form located in the Attached Documents/Files section below.
2) Complete the NDA and return it to us via the email address listed on the bottom of the NDA.
3) Upon our receipt of your completed NDA, we will contact you and provide you specific data for this business opportunity.

General Information

Not Included In Asking Price: Saleable inventory

Year Established: 1992

Market Outlook

Growth and Expansion: Advertising- Absolutely NONE…Never has. The business does have a Facebook page, however, it is not maintained whatsoever. The last post was in 2022 and there were minimal posts prior. The Seller has never taken advantage of marketing via Instagram, X (formerly Twitter), Facebook, Pinterest, etc. Does not: Perform any marketing/advertising whatsoever; have a phone app; utilize Grubhub, Doordash, Ubereats; have a modernized website or utilize any social media platforms available…yet it was still able to turn a $233,545 profit!

About the Sale

Support and Training: Owner will provide necessary training to assure a seamless transition.

Reason for Sale: Seller owns and spends most of his time at other business and has become "spread to thin". Has decided to downsize.

Attached Documents:

Confidentiality Form

Contact Information

Name: Dan Puciato

Phone: 410-227-9444

Email: [email protected]