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Downtown Grand Rapids Coffee Shop

Grand Rapids, Michigan (Kent County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $79,000 Inventory $5,000* 
Gross Income $144,840 Real Estate  
Cash Flow Not Disclosed Year Established 1995
FF&E $80,000* Employees 8 Part Time

* included in the asking price

** not included in the asking price

Situated on one of the busiest streets in Grand Rapids, just a stones throw from the downtown Campus of GVSU this Coffee Shoppe could be wonderfully profitable enterprise with some hands-on management. Absentee ownership has cost this young entrepreneur a fair amount of his net worth as a result of juggling full time college credits, a full time (40 hour) job, all the while trying his hand at the Great American Dream owning his own business. Something had to give and his loss can be your gain. Make your best offer on this coffee house rated by "On The Town" magazine as being the best latte' joint in Grand Rapids. Current lease is a steal at less than $2.50 per square foot. The landlord would be favorably disposed towards selling the building if that is appealing to the buyer. This is a great turn-around opportunity for someone to invest very little capital, and take advantage of the relocation of The Urban Mill coffee house, opening a niche for the new owner. Call Ethan Dozeman at 616-292-7329.

Facilities: 1,200 sq. ft. building

Financing: Seller will negotaite financing

Support/Training: Seller will provide training

Reason Selling: Personal Reasons

AD # 377718

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