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Historic Coffee House

Boise, Idaho (Ada County)

Retail - Other Eating & Drinking Places | Retail - Restaurants

Asking Price $160,000 Inventory $2,500* 
Gross Income $252,799 Real Estate  
Cash Flow $69,894 Year Established 2004
FF&E $100,000* Employees 10 pt

* included in the asking price

** not included in the asking price

This well-known branded coffee house chain operates many locations throughout Idaho and the US. A single licensed location in a historic building is available less than 30 minutes from downtown Boise. The building is completely updated, blending historic hardwood floors, brilliant accent colors, unique artwork, wireless internet, background music, and the latest in drink-making equipment. The property is nicely landscaped with parking. There is indoor and outdoor seating and a drive-thru window. Open since mid-2004, this location has become more popular each year with sales increases of 29% in 2006 and 12% in 2007. Store hours are 6 am to 7 pm seven days a week. Approximately 60% of each day s business is done before noon; sales are split evenly between inside and drive-thru sales. 10 part-time employees work an average of 15-20 hours per week. Marketing fees charged by the Licensor are included as a percentage of gross coffee purchases. The buyer will be required to qualify with the Licensor, sign the license agreement and pay a transfer fee. This is an excellent opportunity to own a profitable and growing business in a great community.

Facilities: Approximately 1500 sq. ft. free standing building with indoor and outdoor seating and drive-thru, fully landscaped with parking for 12, leased at $1300 per month.

Competition: The brand is well-established throughout the communities of the Treasure Valley, and this business dominates the drive-thru coffee market in its area. There is only one non-branded competitor in the area.

Growth/Expansion: The business is well-positioned for continued growth as commuters migrate to this bedroom community to escape urban congestion and enjoy a quiet family lifestyle. Average household income is over $47,000 in this area.

Financing: Terms are negotiable.

Support/Training: One owner would like to sign an employment agreement with the buyer. Training and support is available from Seller and Licensor.

Reason Selling: Other Interests

AD # 382111

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