Case Study
Scooter’s Coffee
3507 W. Broadway St., Sedalia, MO
- Property Type: Retail
- Size: 450 SF
- Date Closed: 04/2/2019
Challenges
• Scooter’s Coffee is not a nationally recognized brand; the buyer had to be educated on the company
• The property was in a tertiary market; less than 3,200 people in a 1-Mile radius
• Small building footprint with a very high price per foot ($1,244 PSF
Solutions
• We were able to leverage our National Database to focus on targeting local investors who owned other assets in the market
• We were able to get the buyer comfortable with the franchisee and his track record
Results
• The property closed at 95% of the listing price
• Quantum was able to find a local trade buyer who was comfortable with the market and tenant