Business Overview
About the Company
**Business Description**
This coffee shop is situated within the beautiful Huntington Beach public library courtyard\. The shop serves specialty coffee and tea beverages, snacks, freshly made sandwiches, bottled drinks, and more, using high\-quality coffee and espresso beans\. There is strong growth potential in expanding the product offerings, exploring catering opportunities, and extending business hours\. In 2023, business revenue grew by 30%, and it is expected to continue growing\.
Location, Location, Location\!
The coffee shop enjoys a serene atmosphere in a courtyard surrounded by a beautiful water fountain\. Library amenities include security, covered and well\-lit parking, a sports park, and central park\. The library is highly popular among high school and university students as well as families due to its unique layout, study spaces, and extensive resources\. Numerous activities and programs are held within the library and its theater, including the annual cherry blossom festival, summer music programs, musical shows, car shows, and various cultural events, all of which contribute to a growing customer base\.
**DETAILED INFORMATION**
**Location:** Huntington Beach, CA
**Inventory:** Included in asking price
**Real Estate:**
- The business is located in a large public city building with a 300\-seat theater, 5 conference rooms, and a reliable customer base from various clubs and events \(book club, literacy club, special skills groups\)\.
- Leased area: 600 sq ft with an additional 2,400 sq ft seating area for up to 70 customers\.
Rent: $850 per month \(including electric, gas, water; no triple net\)
Employees: Owner\-operated with 1 part\-time employee
**Business Hours: **
Current operation: 53 hours per week
- Mon: 1 pm \- 7 pm
- Tue to Thu: 9 am – 6:30 pm
- Fri & Sat: 9 am \- 5 pm
- Sun: 12 pm \- 5 pm
More hours can be added per lease terms\.
**Facilities:**
The cafe stand includes all necessary equipment:
- Kitchen sink and faucet
- Display refrigerator for food and drinks
- Display cabinet for snacks
- Storage area
Larger kitchen space for catering and events, operating similarly to a small Starbucks\.
**Competition:**
Post\-COVID business growth has been strong, with a 30% increase in 2023\. There is significant potential for further growth with the implementation of business development strategies, which the current owner has not pursued due to plans for retirement\.
**Growth & Expansion:**
- 95% of the business comes from visitors and programs held at the library\. More customers could be attracted with better signage and flags in the parking lot\.
- The business could benefit significantly from a website and promotional campaigns\.
- Adding vending machines to reduce labor costs and offering after\-hours access to snacks and drinks could further increase revenue\.
**Financing:** Cash sale only
**Support & Training:** 2 weeks of training provided by the seller after closing
**Reason for Selling:** Full retirement
