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Global Business Brokerage Inc. where you will experience a "World of Difference"
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Industry: Retail - RestaurantSegment: Food & Beverage - Upperscale Coffee, Tea & Desserts & More in Beautiful Area of TampaBayCatering for Business Meetings - (like a Starbucks, but without the franchise fees) Geography: Beautiful New - Tampa Bay Area - Westchase (Awesome Upscale Area) Asking Price: $ 75,000 (Owner Financing - $50,000 Down - Balance Over 7 Years - Price Just Reduced)Revenue/Sales $ 143,200 Projected 2008 Owner Benefit $ 56,584 Projected LOCATION! LOCATION! LOCATION! - THIS EXCLUSIVE & UNIQUE BUSINESS IS IN ONE THE NICEST AREAS OF TAMPA BAY, WESTCHASE! IT DOESN'T GET ANY NICER THAN THIS! Upperscale homes and new shopping areas surround this business. IF YOU ARE FAMILIAR WITH THIS AREA, YOU WILL KNOW THAT THIS IS RIGHT IN THE MIDDLE OF ALL THE HOMES AND TOWNHOUSES IN THIS UPPERSCALE, BUSY METROPOLITAN AREA. ALL THE LOCALS CONGREGATE HERE AND IT WAS MEANT TO BE LIKE AN ITALIAN PIAZZA WITH PEOPLE STROLLING ABOUT - AND THE GOOD PART IS - THEY DO! THE LEASE SPECIFIES THAT THEY WILL HAVE THE ONLY COFFEE SHOP LIKE THIS IN THE SHOPPING CENTER AND SO YOU DON'T HAVE TO WORRY ABOUT COMPETITION MOVING IN NEXT DOOR! This Coffee/Tea House is in an existing plaza/piazza of specialty shops and restaurants and is extremely popular with all the young upwardly mobile locals. Think of Starbucks (only better as you don't have franchise fees). They actually buy the coffee products they sell from Starbucks. Borders Bookstores sells the same Starbuck's products, as well as do many other well known and national franchises. Starbucks also provides the point of sale advertising material for the store and the local sale's representative brings new products and materials, usually seasonally related, such as spiced coffees for Christmas, Halloween, etc. The Desserts - are simply TO DIE FOR! Mouthwatering specialty desserts, cakes, cookies, and wonderful pastries abound. They also do a bang up breakfast and lunch business, serving unique sandwiches, such as delicious Breakfast Croissant Sandwiches, popular Cuban pressed sandwiches, Italian Sandwiches, and many other delectable and specialty eats, make this a must stop for the "in crowd". Of course all kinds of specialty coffees and teas, including Cafe au Lait, Cappuccino, Iced Coffees, Mocha Coffees, you name it, they serve it. They also have a case filled with other specialty items such as smoothies, juices and soft drinks. THE MENU IS GREAT! - CHECK THIS OUT: Desserts: Vesuvious/Tairamisu/Key Lime/Apple Crisp, Brownie Bash/Lava Cake, Caramel Apple Cheesecake/Raspberry Ecstacy, Cannoli, Carrot Cake, Reese's Peanut Butter Extreme, Ice Cream, Crepes, Waffles, Fresh Fruit and Cookies. (They sell the desserts in whole pies and change the selection daily). Piniis & Wraps: Parma, Toscana, Barese, Napolitano, Milano - Other specialties include, Chicken Salad, Egg Salad, Spanakopita (Spinach Pie), and Tyropita (Cheese Pie) - as well as a Soup of the Day. Breakfast: Bagels, with various toppings, Assorted Muffins and Breaksfast sandwiches, Breakfast crepes, Waffles and Pressed Ciabatta. Dessert Crepes & Waffles: Check these out! Unforbidden Fruits (Vanilla Bean Ice Cream & Season Fresh Fruit), Moo La La (Vanilla Bean Ice Cream, Nutella Sauce and Sliced Bananas), Le Pommier (Vanilla Bean Ice Cream, Apple Topping and a Sprinkle of Cinnamon, A Life Sentence (Peanut Butter Ice Cream, sliced bananas and chocolate sauce), and a Streetcar named Devour: (Chocolate Ice Cream, fresh strawberries and chocolate sauce). Mmmmmmmm! THEY ALSO DO CATERING AND SPECIAL ORDERS: They cater to feeding groups of 5 or more, whether it is a family function or a working lunch. They offer delicious sandwiches, salads, soups with their choice of sides. Lunches come complete with plates, napkins, and utensils all packed in easy-to-use, attractive boxes, which the client can be proud to serve to their group. Also, they do breakfast! They are great for early morning meetings too. Clients can order an assortment of bagels, pastries or both and of course, freshly brewed Seattle's Best Coffee! For sweet tooth lovers, they offer an array of dessert trays! The business breakdown is as follows:
30% BREAKFAST - 70% LUNCH (CURRENT OWNER JUST EXPANDED THE HOURS - SO THIS MAY BE SUBJECT TO CHANGE) MORE FOOD FOR THOUGHT... (PARDON THE PUN) OK - IMAGINE THIS - THEY ALSO PROVIDE FREE WIRELESS INTERNET ACCESS - SO IT IS PACKED (JUST LIKE STARBUCKS AND BARNES & NOBLES OR BORDERS), ESPECIALLY ON SATURDAYS AND SUNDAYS. HERE'S ANOTHER THOUGHT - WHY NOT STAY OPEN IN THE EVENINGS - THERE IS A GREAT DEAL OF WALK AROUND TRAFFIC IN THE EVENING - EVERY NIGHT OF THE WEEK. IN THE BACK OF THE STORE, THEY HAVE OUTSIDE TABLES AND CHAIRS SO IF YOU WANT TO EAT OUTSIDE OR HAVE KIDS, NO PROBLEM!!! IN THE BACK OF THE STORE, THEY HAVE TOYS FOR THE KIDS TO PLAY WITH AS WELL. THE MOTHERS LOVE TO CONGREGATE HERE WITH THEIR STROLLERS AND FRIENDS AND VISIT AND BUY COFFEE AND PASTRY! REMEMBER, THIS IS A YOUNG WELL TO DO COMMUNITY. Everything is BRAND NEW! The Decor reminds you of a Panera, with all new coffee machines, counters, seating, display cases and best of all - the buildout has all been done for you! Everything you need to walk in and take over this existing successful business. Hours of Operation M-T 6:30 AM to 9:00 PM Friday - 6:30 AM to 10:00 PM Saturday - 7:00 AM to 10:00 PM and Sunday 7:00 AM to 9:00 PM With this prime (AND WE MEAN PRIME) location, this business won't last long! This Business, a long time dream of the sellers (husband and wife) got off the ground in January of 2008. Located in a brand new West Chase Shopping Center, this business was (as are all the other stores), a brand new build out (expenses to follow). The first four months, January through April, sales were good and continued to grow (i.e. the local folks loved the concept offered by this quaint coffee shop) and sales appear to be continuing upward every week. Opened Doors - January, 2008: Sales were $5,200 February, 2008: Sales were $8,700 March, 2008: Sales were $10,400 April, 2008: Sales were at $12,500 May, 2008: Sales were at $ 13,600 June, 2008: Sales were at $9,800 (Start of summer slow down) July, 2008: Sales are projected at $10,000 August, 2008: Sales are projected at $13,000 September, 2008: Sales are projected at $14,000 October & Nov: Sales are projected at $15,000 each month December, 2008: Sales are projected at $16,000 TOTAL PROJECTED SALES: $143,200 MINUS COST OF SALES (AT 18%) = $25,776 NET REVENUE = $117,424 EXPENSES: Rent: $ 4,450 Electric: $ 450 Telephone: $ 120 (Includes Wireless Service for Customers) ANNUALIZED: $60,840 OWNER BENEFIT: $56,584 (AS OWNER/OPERATOR WITH WIFE OR OTHER FAMILY MEMBER HELPING) Products are running at approximately 18% per month. EVERYTHING HAS BEEN DONE FOR YOU! AND WE MIGHT ADD - WITH GREAT TASTE AND FLAIR! YOU WILL SIMPLY LOVE THE LOOK, THE EASE OF OPERATION, THE AREA, THE MENU AND IF YOU THINK IT IS TOO GOOD TO BE TRUE, REMEMBER WHY THESE FOLKS MUST SELL. THIS BUSINESS IS BEING PRESENTED AS AN OWNER-OPERATOR FULLTIME. LEASE: 1,200 Sq. Ft. @ $4,450 PER MO WITH A 5 YEAR OPTION TO RENEW FF & E: $62,570.53 (ALL BRAND NEW - COMPLETED JANUARY 2008) Buildout Costs: $ 45,000.00 Exterior Signage: $ 5,500.00 Floors: $ 2,500.00 HVAC & Phone: $ 500.00 Drawings/Art: $ 6,000.00 Impact Fees $ 3,070.53 Total FF&E $ 62,570.53 Inventory: $ 1,500 + OR (-) (Could be a few dollars more or less) Employees: Owner Manager & 2 Part Time Employees Reason for Sale: Current owner has just become aware of a business opportunity he has been trying to enter into for the past 16 months, Since it just came about, he has to sell this business, so he can get into what he wanted to get into all his life. YOU PROFIT! DO NOT WAIT - IT WON'T LAST LONG ON THE MARKET THIS BUSINESS CAN ALSO BE GROWN. CURRENT OWNER HAS JUST BEGUN TO ADVERTISE AND START NEW WEBSITE. SO FAR, THE BUSINESS HAS BEEN BUILT ENTIRELY ON WORD OF MOUTH AND IS NOT OPEN IN THE EVENING HOUR. SO, YOU CAN SIMPLY BASK IN THE LUXURY OF NOT HAVING TO PUT IN ALL THOSE LABOR INTENSIVE RESTAURANT HOURS AND GO FISHING OR OPEN IN THE EVENINGS AND MAKE MORE MONEY. DESSERTS & COFFEE ARE PERFECT AFTER A STROLL IN THIS NICE SHOPPING AREA. ALSO, THIS IS A GREAT TIME TO BUY WITH THE BUSY SEASON FAST APPROACHING (OCTOBER THROUGH MAY - MOST PROFITABLE MONTHS). THIS IS JUST A TERRIFIC BUSINESS - CAN BE RUN ABSENTEE AND OWNER DOES NOT HAVE TO PUT IN ALL THOSE GRUELING HOURS USUALLY ASSOCIATED WITH A RESTAURANT. ALL THIS, AND IT IS VISA QUALIFIED. WHAT'S NOT TO LIKE? THINKING OF MOVING TO FLORIDA??? Consider the fact that this is definitely a Buyer's Market for real estate and this particular area of Tampa Bay is probably one of the nicest there is, with great schools, wonderful shopping, beautiful neighborhoods, golf courses, churches, and many nice restaurants and unique shops. You will love WESTCHASE! It has everything! AND YOU WILL LOVE TAMPA BAY. What is not to like with the wonderful weather, beaches nearby, golf, tennis, water sports, fishing, pro-sports (The Tampa Bay Bucaneers, Lightning, Yankees Winter Camp and the St. Pete Devil Rays). Oh and did I mention you are close to Disney World for the kids and theater and the arts for Mom and Dad. Why not live your dream vacation year round? All information on this website was provided by the Seller and all are available during your initial meeting with the Seller and upon completion of a Non-Disclosure Agreement which will be sent to you by the Broker. Viewing: Prospective buyer financial qualification required prior to further disclosure and showing. Disclosure: Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis. Information provided herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. Call the Broker, Vincent Giammatteo at 1-813-956-5989 (Mobile Phone) Or e-mail him at globalbrokerage@aol.com
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