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Modern Coffee Shop And Roastery With Catering Business For Sale

Amarillo, Texas
Asking Price:
$240,000 (USD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$50K - $100K (USD)

Located on one of the busiest intersections in the city, Evocation Coffee serves a diverse clientele ranging from high school students to business professionals. Within a mile radius are two hospitals, a pharmacy school, an elementary school and a bustling retail shopping mall.

Evocation offers a range of coffee products including pour overs and lattes, all crafted by hand and flavored with house-made syrups. Food options include liege waffles, Hokkaido milk bread toast and assorted pastries from a local bakery. The cafe has immaculate ratings on Yelp, Facebook and Google and large followings on its social media accounts.

In addition to the retail cafe, Evocation also roasts and distributes wholesale coffee to businesses across the West Texas region and ships coffee orders placed via its e-commerce website. The company's roasted coffee has received top marks in national competitions as well as accolades in Men's Journal and Thrillist.com.

Catering provides yet another revenue stream for the company. Evocation provides a mobile coffee bar for weddings, employee appreciation days, and other events year round. Evocation's catering service enjoys virtually no competition in the area.

The company is both profitable and well-positioned for expansion in all three of its branches of revenue. Current owners must relocate from the area in order to finish professional degrees.

Property information

Real Estate:

Lease

Leasehold Rent:

$36,000 (USD) per annum

Location:

High-traffic shopping center at a busy intersection. Within a mile of two major hospitals. High visibility.

Business Operation

Expansion Potential:

Huge opportunities for retail expansion and wholesale growth. Targeted advertising and an aggressive sales force could dramatically increase revenue.

Competition / Market:

One other coffee shop in the neighborhood, three total within two mile radius.

Reasons for selling:

Owner relocating to finish professional degree.

Trading hours:

6:30am-9pm, 7 days/week

Employees:
10
Years established:
9

Other Information

Support & training:

One month business consultation included to accommodate transition and train new owner.

Furniture / Fixtures value:
$165,000 (USD) - included in the asking price

Contact Information

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