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Absentee-Run Franchise Coffee Shop in Tempe, AZ

Tempe, AZ, US

Added 4 months ago

Coffee Shop / Cafe

Absentee / Semi-Absentee

Franchise coffee shop and cafe specializing in desserts and coffee, located in Tempe, AZ near ASU, operating in an absentee-run model.

Asking

$449K

Revenue

$635K

Earnings

$140K

Multiple

3.2x

Business operates as a franchise with a 5% gross franchise fee
Business is absentee run with owner spending less than 10 hours per week on-site
Staff includes 1 full-time manager and 5 part-time employees
$125,000 worth of furniture, fixtures, and equipment (FF&E) included
Premises size is over 2,000 sq.ft. with a lease of $7,190 per month, 3 years remaining and a 5-year option
Seller financing available: $350,000 down, $100,000 financed for 3 years at 6.5% interest

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$140,000 NET Absentee Run Tempe Coffee Shop For Sale - Business for Sale