Mergers & Acquisitions
Buyers: Businesses For Sale
Morgan & Westfield is committed to making the process of buying a business as simple as possible. Browse our businesses for sale now.
Toledo, Ohio
Located in Northwest Ohio in a small town with easy access to Toledo and surrounding metro areas, this coffee shop and brewery offers two locations for the sale of fresh-roasted coffee and in-house craft beers. The current owners have overseen a refurbishment of the main location, rebranding of the logos for the coffee and beer products, expansion of the food and drink menus leading to significant growth, and the opening of a second location.
The business is also pre-approved with SBA financing with 20% down.
The focus on locally produced drinks, food, and products offered invites the loyal local customers to come in and gather and connect as a community. The menu offers a wide range of coffees, teas, specialty drinks and syrups, as well as fresh-baked cookies, muffins, sandwiches, flatbreads, snacks, and more. The relaxed atmosphere includes an outdoor patio and is open through lunch and dinner to provide craft beers, specially selected local wines, and late-night coffee options as well.
The main location is prominently placed in a shopping center with easy access to parking and main roads. The second location recently opened and has 3 full-time employees and roughly 15 part-time baristas and servers.
Growth opportunities exist in expanding the operating hours to seven days a week, increasing the food options and adding more entrees to the menu to increase sales in the later parts of the day and on the weekends, and implementing an online ordering system with curbside pick-up for customers. Additional marketing and advertising campaigns could be started to increase the focus on the craft beer options, and the recently added beer canning system can be utilized to offer locally produced craft beer to expand into retail outlets across a wider regional market.
This is an established business. This is not a new franchise or start-up opportunity.
NEXT STEPS: If you’re interested in this business, please fill out the contact form and we will email you an NDA to e-sign. Please look for an email with the subject “Morgan & Westfield – Family Owned Coffee Shop and Craft Brewery, 20% Down”. You can access more information on this business after e-signing our NDA.
Financial Information
Asking Price
$ 185,000
Gross Revenue
$ 640,072
Annual Cash Flow
Please email buyers@morganandwestfield.com to request current financials
Seller Financing
SBA Pre-Approved, 20% Down
Inventory
$ 50,000
Inventory Included in price
No
Business Information
Location
Toledo, Ohio
Real Estate
Leased
Home Based
No
Relocatable
No
Franchise
No
Employees
2 Full-Time | 15 Part-Time
Year Established
2004
Request More Information
If you would like more information about this business, please complete the form below and will email you a non-disclosure agreement to sign.
Thank you for filling out the form