*Coffee & Roasting Facility Opportunity* Attention Investors, Operator

Palo Alto, CA (Santa Clara County)

Seller Financing Available
3rd wave coffee roaster brewer
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Asking Price: $185,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $2,100 per Month

Established: 2013

*Coffee & Roasting Facility Opportunity* Attention Investors, Operator

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Business Description

***NEW TO MARKET & RARE OPPORTUNITY*** Retail Coffee company w/ wholesale Cofee bean Roasting Plant for sale.**** Facebook approved and "LIKED" coffee vendor that caterred exclsuively to FACEBOOK employees in 2019***

This fully equipped and tastefully remodeled part of the 3rd wave movement in high-end retail coffee mini-chain is available for the right investor and proprietor to take it to the next level. Established in the San Mateo County for the last seven years and growing strong with a fan base of in-store clientele and now with covid and growing online demand with a new subscription and delivery based services. This is potential is significantly due to working remotely and shelter in place restrictions.

Retail Cafe Details;
*Prime downtown locations, small footprint and ease of operation
*Favorable Rent Terms: due to covid-19 (landlord is deferring % rent)
*New Lease terms can be renegotiated with landlord
*Top of line coffee equipment, la marzocco strada 3 group machine...
*We all know Blue Bottle is the pioneer and first started the 3rd wave coffee movement, this modern and tastefully designed and appointed by professional designer
*Asking Price: $185,000 for the (2) retail coffee locations

Wholesale Coffee Roasting Plant;
*Located in the city of Palo Alto, conveniently located off the 101 freeway.
*Previously built from scratch, a new coffee city/county approved coffee roasting facility, took one year to get city/county and air quality board to approve use license.
*Fully equipped Giesen commercial coffee roaster from the Netherlands.
*Currently co-owned/shared with another local coffee roasting facility to share costs and expenses.
*$75,000 for 50% wholesale Coffee roasting facility. ***the other 50% is co-owned by another coffee company, where they have a first right of refusal to buy, but they would be interested to sell as well.***

Ideally, for someone that has a passion for the coffee business and or looking to learn the ins and out of the business, this is a rare opportunity and turn-key business already established and just needing the passionate operator to take this business to the next level. Seller's have reluctantly decided to sell and move on to other business projects that don't require commitment in operations and supervision, as they have young children to take care of and have plans to move out of the area.

(???)If you are currently in the Coffee & Roasting Coffee business and looking to expand, this may be an ideal retail location for you, if you are looking to take over an existing profitable business and willing to learn, sellers will be willing to teach. *For further details, please inquire via email or by calling Riki~Restaurant broker.
(Pictures in the advertisement are not necessarily depicting FUlly the actual business for sale, it's for reference only. Company nor any of its representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of the Evaluation Material.)

Detailed Information

Location:
Palo Alto, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
750
Lease Expiration:
5/31/2022
Employees:
4
Facilities:
Fully equipped and contemporary designed coffee retail location that is turn-key and ready for the new owner/operator to take over and open for business. There are (2) retail locations and a fully equipped coffee roasting plant to roast and distribute to retail and wholesale businesses.
Competition:
the on-demand online ordering is popular as people order and picks up at retial locations. as well as a new online subscription model where coffee is ordered and delivered straight to the customer.
Growth & Expansion:
due to a prime location, the clientele base will still easily visit retail locations as well as order online. Subscription services have a significant potential to cater to a larger demographic and increase sales volumes.
Financing:
Buyer to have strong credit and financials.
Support & Training:
Yes, the seller willing to train.
Reason for Selling:
need to take care of young children and have plans to move out of area.
Business Website:
http://en.wikipedia.org/wiki/Coffee_roasting
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(from currently available funds)
 
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Riki Tang ~ Restaurant Broker

Business Listed By:
Riki Tang ~ Restaurant Broker

Vista Investment & Realty

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