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URGENT sale - All Offers Considered - Cafe/Coffee Shop Beverly.
Business Description
Update: Sale was pending until 7/21/25 but buyer has backed out. Now priced for immediate sale, but without any seller financing. No serious offer ignored. Cafe is currently closed.
Great landlord and excellent lease.
Owners have two other locations in nearby towns and are focusing on those, so the name is not included in the sale. Sales increased about $100,000 to $410,000 in 2023 with the new ownership and were $362,000 in 2024, down slightly because the owners were not focused on this unit. This is a great opportunity for anyone wanting to get a fast start with a coffee shop located on a busy downtown street in an area known for having many food options. There's a college within close walking distance and residential areas nearby. Rent is very reasonable for the area and just 5% of sales. The space is well appointed and consists of 800 sq. ft. on the ground floor, with a full basement.
Great landlord and excellent lease.
Owners have two other locations in nearby towns and are focusing on those, so the name is not included in the sale. Sales increased about $100,000 to $410,000 in 2023 with the new ownership and were $362,000 in 2024, down slightly because the owners were not focused on this unit. This is a great opportunity for anyone wanting to get a fast start with a coffee shop located on a busy downtown street in an area known for having many food options. There's a college within close walking distance and residential areas nearby. Rent is very reasonable for the area and just 5% of sales. The space is well appointed and consists of 800 sq. ft. on the ground floor, with a full basement.
About the Business
- Years in Operation
- 13
- Facilities & Assets
- Trendy coffee shop in one story building with basement on the town’s main street. Retail stores on the block also attract customers to the area. Ground floor and basement 800 sq. ft. each and well equipped. Seating capacity 25. On street parking generally available close to the shop or in parking lots very close by. All assets necessary to operate efficiently are included in the sale. Major assets purchased new three years ago and are in good condition. Basement has ovens, freezer, refrigerator, baking and prep area and a 3-bay sink.
- Market Outlook / Competition
- The coffee shop is well located for serving students from the nearby college as well as residents from the surrounding area. Several other well-known restaurants are nearby. Customers come to enjoy coffee and snacks in the relaxed seating area or take them out. Customers include students, retail shoppers, local business people and tourists and are predominantly in their 20s and 30s.
- Opportunities for Growth
- Growth & Expansion opportunities
The company has multiple avenues for growth.
• Expanded hours.
• Increased food offerings at lunch and afternoon pastries.
• Increased marketing. A new owner with marketing skills and an understanding of online marketing can significantly expand the business.
• Delivery. Delivery options can be increased and actively promoted.
• Catering.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $1,725.00 per month
- Lease Expiration
- 2/29/2032
About the Sale
- Seller Motivation
- The owners have two other locations in a nearby town and are focused on those.
- Transition Support
- Seller will be available for consultation as necessary.
- Financing Options
- NO seller financing per SBA requirement
Listing Info
- ID
- 2197272
- Listing Views
- 7159
Listing ID: 2197272 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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