Coco Moka Cafe in former Starbucks location

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Seller:Michael Rosenberg

Location:Silver Spring, Montgomery County

Listing Num:46028235

Industry:Food & Beverage: Coffee, Cafe, Dessert

Asking Price:$200,000

Year Est.:1990

Employees:Not Disclosed

Yearly Revenue:Not Disclosed

Yearly Cash Flow:Not Disclosed

Yearly EBITDA:$NA

Yearly Net Profit:Not Disclosed

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Conversion to cafe with expanded menu selection

Overview of the Business:

Coco Moka Cafe, featuring Seattle's Best Coffee, conversion of a prime location formerly leased by Starbucks at White Oak Shopping Center. (Location also available at Dulles 28 Centre, VA.) Excellent visibility, high vehicle traffic count (62,000), dense population density (134,000), and high income ($95,000) in 3 mi radius, established customer base. Additional menu categories not carried by Starbucks will be added to generate additional sales, including gourmet salads, signature sandwiches, cheescakes, melted chocolate drinks and gelato ice cream. Franchisor provides turn-key set up and training for management and staff. For more information, google Saul Centers, and www.cocomokacafe.com. This opportunity will NOT last long. Serious inquiries ONLY!

Property Features and Assets:

The store is located in a prime space --an end cap in the front of White Oak Shopping Center

Market Competition and Expansion:

This is the only coffee cafe in the Center. The Center is anchored by Giant Food, Sears, and newly opened Walgreens. High traffic, high income and population density.