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Chicago Area Coffee Shops - Portfolio of 10

Chicago, IL (Cook County)
Asking Price : $4,500,000   
Cash Flow : N/A   
Gross Revenue : N/A   
Inventory : N/A   
Rent: N/A   
FF&E: N/A   
Year Started: N/A   

Business Description

Portfolio of 10 Coffee Shops.

Owner must liquidate now. This is a chain of 10 coffee shops, mostly in the Chicagoland area. Current owner secured prime locations and believes he has a great concept, but he was too aggressive in opening so many stores in such a short time, and in the middle of the pandemic. Now he has run out of capital and needs to sell.

Each store cost about $300,000 to build out and all furniture, fixtures and equipment are practically brand new. The owner is simply looking to recover some of his debt. He knows the market value is worth more than his asking price but he just wants out as soon as possible. He is open to considering all reasonable offers.

At present, only a few of the shops are even operating at a profit. This business needs a new owner with the financial resources to continue to build and grow this concept or convert the locations into something else.

Due to the complexity of this transaction, financial numbers are available upon request to qualified buyers only, you must complete our NDA and provide satisfactory proof of funds.