Price: $3,750,000
Location: Los Angeles, CA
Industry: Coffee Shops and Cafes
Listing ID: CM Cofe
Listing Status: Available
Price: $3,750,000
Location: Los Angeles, CA
Industry: Coffee Shops and Cafes
Listing ID: CM Cofe
Listing Status: Available
Inventory: Not included in asking price
Real Estate: Leased
Building SF: N/A
Lease Expiration: N/A
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
EBITDA:$490,262
FF&E:$200,000
Inventory:$20,000*
Rent:N/A
Established:2011
General Information
This quality-driven, industry respected coffee company has over a decade of experience delivering high-end specialty coffee to its loyal customer base and is prime for expansion. From the sourcing of the premium coffee beans where the owner has travelled to all corners of the planet, meeting with farmers in order to find the ideal product at origin, to roasting locally to perfection with the absolute attention to detail necessary in order to deliver a product and customer experience that is unmatched in this ultra-competitive market. This customer embraced chain boasts a proven, scalable concept that is poised to evolve into a brand that caters to those who seek the best of the best.
Facilities:
This chain offers a variety of deliver systems and preparation methods as well as its own prepackaged product available for home or office use for those who want to enjoy this level of quality without visiting a retail location. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $20k in inventory will be sold at cost at close.
Competition:
While competition exists, this brand has built an exclusive, loyal following that frequent each location for their comforting atmosphere, pristine product offering and the superior quality that the brand represents. This concept's value proposition lays in its uncompromised quality and innovation in roasting, sourcing direct-trade coffee, and brewing science - all contributing to its leadership position in the high-end specialty coffee industry.
Growth & Expansion:
New operators will likely embrace the concepts historic success, while using the well-established platform to maximize its wholesale and innovative new technology-based methods of product delivery. Methods such as K cups and instant coffee have been meticulously developed and are ready for mass production.
Financing: Not offered but a small secure carry may be considered
Support & Training: As negotiated
Reason for Selling: Personal
Total Sales: $4,983,100
Cash Flow: $490,262
FFE: $200,000
Inventory: $20,000