Beautiful high-end, fully operational, premium coffee shop and café on Main ST in Edmonds, WA

Edmonds, WA Restaurant for sale: We're selling our dream investment, with nearly $270,000 invested in the startup and equipment, this shop has high end everything.

Beautiful high-end, fully operational, premium coffee shop and café on Main ST in Edmonds, WA


Found on Main Street in Edmonds, with huge amounts of foot traffic and at the center of the city's social life, there is hardly a better foot traffic location for a coffee shop. And that's just half the story! The equipment quality, absolutely everything purchased brand new, and sparing no expenses to ensure the highest grade, most incredible, consistent quality possible in coffee delivery, this shop is the perfect opportunity to own. And the best part is you can go in tomorrow, turn everything on, and start making money immediately. It's fully operational, turn-key, ready to go. Everything is already done, no permitting or additional investment is needed. Nothing needs to be fixed, everything is effectively still brand new, and it's all high-end, brand name everything, like the La Marzocco auto-volumetrics coffee machine, which retails at over $25,000 just by itself. There is a total of over $270,000 invested in this place, everything from electrical to plumbing is brand new - it's the ideal opportunity with ease and dependable money-making for a passionate owner. The brand was done by expert local branding company with strategy, business plan and direction all done, and the entire branding, website, online presence, business assets and equipment is ready for new ownership.



Location

Country:

USA

State or Province:

WA

City:

Edmonds

Location Zip or Postal Code:

98080

Listing Information

Service Type:

Sit-Down Table Service, Counter Service/Fast Casual, Coffee/Beverage Primary

Title of Listing:

Beautiful high-end, fully operational, premium coffee shop and café on Main ST in Edmonds, WA

Year Established:

2018

Number of Locations:

1

Number of Seats:

Less than 50

Size:

1200, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Hours of Operation:

Up to the new owner. We did 8am - 4pm

Growth or Expansion Opportunities:

Plenty of growth and expansion for product offerings, etc.

Reason for Selling:

Leaving the business

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Link to Facebook Page:

https://www.facebook.com/the407.co/

Website:

www.the407.co

Financial Details

Asking Price:

$78000

Gross Revenue:

144000

Gross Revenue Range:

Under $500,000

EBITDA (Earnings before Income, Taxes and Depreciation):

$144000

EBITDA Range:

$100,000-$300,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

150000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

Lease can be adjusted to fit new owner, but our lease is up for renewal at the end of 2021

Total Monthly Rent:

$1250

Contact Listing Owner