Asking Price: $245,000

Gross Revenue: $525,415

Cash Flow: $106,068

Inventory: $85,000 (Not Included in Asking Price)

FF&E: $204,516 (Included in Asking Price)

Seller Financing: Would consider some seller financing with at least $245,000 down from buyer.

As an independent retailer, this business has a federally registered name and trademark, creating and establishing its own brand name which carries much value and recognition. The store's roots venture back to l980 and was the first to pioneer the gourmet coffee and tea experience in Indiana. Current owner purchased the business in l988 and was the first to introduce espresso-cappuccino drinks in the area in 1991. Expanding the store three times and then moving the store within the mall to its present location, the store now offers 100 varieties of high quality gourmet whole bean coffees and 150 first quality loose leaf teas, fine china, thousands of mugs, cocoas and other related products. A loyal customer base over the many years has certainly contributed to this store's success and longevity, at one time being referred to as "the coffee store at the mall." This store has a state of the art website which is continually growing and stands outside of the lease. The many trade secrets, methods and recipes are held in the highest regard and confidence. Long term lease still remains. THE BROKER IS RELATED TO THE SELLER IN THIS OFFERING.

Year Established: 1988

Employees: 10 full time -

Facilities: Originally located in the Apple Orchard at Glenbrook Square Mall since 1990, this 1344 s.f. concept store is located center court, by the fountain, outside of J.C. Penneys. It features a retail store which offers a complete gourmet selection of coffee, tea, cocoa, fine china, mugs, etc. The espresso bar has a full kitchen with zigzag bar seating inside and a patio with tables and chairs located in front of the drink window.

Market Outlook and Competition: 1) Fine loose leaf and packaged teas - largest selection in the area with no competition. 2) Again, largest selection of gourmet whole bean coffees in the region - minor competition in flavored coffees, but more competition in regionals and blends from Starbucks and other independents in the area. 3) Espresso based drinks - very competitive environment. However, this store is known for high quality and reasonable prices. This business has absorbed the impact of Starbucks. 4) Mugs & Fine China - largest selection in the area, very little competition. This business is located in the best marketplace in the Fort Wayne area, Glenbrook Square Mall, which has nearly 100% tenancy. Expansion will come from continued increase in website sales. (See Website www.ourdailybrew.com) Also, as Fort Wayne's economy improves and the fourth anchor store (formerly Marshall Fields) is leased, mall traffic will further increase. Additional growth could come from new ownership choosing to franchise this concept store and/or the establishment of other company stores in other malls or locations throughout the country.

Management Training and Support: Seller will provide thirty (30) days of training. Seller will not divulge trade secrets, methods, recipes or vendors until after sale if finalized.

Reason For Selling: Retirement