He's got a lot of problems with his question. His question is literally going to get him lot's of incorrect answers and at best a few good ones. Someone needs WAY more background and info to properly give out advice. What is the price of the business, what is the revenue and ebita, what are his complimentary skills that he will use to add value, what and who will he need to hire to fill gaps in his skill? How passionate and knowledgeable is he about coffee and knowing and being in the biz? Can't stop thinking about it or only doing it for the money? #1 he needs less help and less money to compete. #2 he'll need to have at least a great operator and someone else to help grow it or it will eventually most likely die. The best advice someone can give him is to go tell him not to buy shit, he's way to early, he's not even asking the right questions. Tell him to go buy and read Buy Then Build by Walker Debel something. Tell him to make a plan from that book and see if the coffee shop fits within that plan, if it does, great then justify it inside of the plan. Next hire someone who has done it. Post on a forum asking for help and will pay by the hour no matter the price. He will get plenty of help to make sure he has a good plan.