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Accommodation & Food Services

$140,000 NET Absentee Run Tempe Coffee Shop

Tempe, AZ, USA
Listed 180 days ago

If you are looking for a turn-key clean franchise coffee shop/cafe restaurant in a great location in Tempe near ASU with tons of traffic and surrounding corporate tenants that specializes in Middle Eastern deserts and coffee then look no further with only a 5% of gross franchise fee and also all franchise transfer fees included in the price. This business is currently absentee run with the owner spending less than 10 hours a week at the location. The cafe has staff in place 1 FT manager and 5 PT employees and located in Tempe. The business boasts $125,000 worth of FF&E inside an over 2000 sq.ft. suite. The lease is only $7190 with 3 years left and a 5 year option. Seller is offering seller financing terms with $350,000 Down and $100,000 for 3 years at 6.5%. Hurry up this will go quick especially with the location and lease and price!!!

Real Estate

Lease

Owner Financing

Owner financing is available. Please contact the seller for more information.

Financials

Asking Price
$450K
RevenueMost Recent Year
$635K
Earnings (SDE)Last Reported
$140K
Assets ValueIncluded in Asking Price
$125K
Seller Financing
Yes

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