Catylist ID:
#30806194
| Catylist Listing ID: | 30806194 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 145 SF |
| Sale Price: | $1,500,000 |
| Name of Establishment: | 434 Coffee |
| Year Business Established: | 2017 |
| Gross Revenue: | $326,881 (Annual) |
| Cash Flow: | $140,463 (Annual) |
| Sale Terms: | Includes business, commercial property (1.2 acres), all equipment and inventory. |
| Last Updated: | 6/29/2022 |
Overview / Comments
|
This is a perfect turnkey business opportunity for a motivated new owner to purchase a well-established and reputable local coffee shop drive thru in small town USA. As part of the business purchase, a sampling of the items to be included are all products/supplies, espresso machine, grinder, signage, water filtration system, POS system, 40’ container, carport and the like. Additionally, a new, never used, 15kl (33lb) roaster is included in this sale which by itself is another business opportunity. Business sits on a beautiful 1.2 acre piece of property (included in the sale) on a major artery that sees 14,000 plus vehicles per day! Property is located within half a mile of 3 public schools and 1 private school. 30 minutes from major attractions…Dollywood, Gatlinburg, Soaky Mountain Waterpark, Douglas Lake, Great Smoky Mountain National Park. 30 minutes from Knoxville, Maryville, Townsend, and many other wonderful East Tennessee towns/cities. The business is currently operating 5 days a week with 2 people on the following schedule: Tues-Fri 6:30a – 11:30a Saturday 7:00a – 12p Sunday & Monday CLOSED Opening the business up to more days and hours will only increase client base and income. Key points: 5 years established 14,000+ vehicles per day Locally roasted coffee 40-50lbs of coffee used per week Easy to manage menu Well-established business with a loyal client base and well-established brand Fantastic location in Sevier County...30 minutes to Pigeon Forge, Dollywood, Smoky Mountains National Park Willing to train new owner/staff Outstanding social media reviews…currently 227 FIVE STAR GOOGLE REVIEWS Genuine reason for sale |
Additional Details
| Nearest MSA: | Sevierville |
| County: | Sevier |
| Industry Segment: | Other Food and Beverage |
| Reason for Selling: | Sellers have other opportunities. |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Real Property |
| Value of Real Estate Included ($): | $0 |
| Employee/Labor Description: | Currently operated by the owners. |
| Mgmt/Training Support Description: | Would provide up to 30 days training. |
| Growth/Expansion Opportunities: | Adding additional services, expanding the building and have seating added. Also service breakfast sandwiches, pastries, and lunch sandwiches. Adding roasting of your own beans and then selling packaged coffee beans. Changing the operating hours till later and also being open on Monday's. |
| Seller Financing Description: | Cash or new loan. No owner financing |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,811 | 20,748 | 31,894 |
| Median Age: | 44.71 | 40.76 | 40.27 |
| Households: | 712 | 7,953 | 12,103 |
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