Steamboat Springs resident Jeff Coates has a bagel and coffee  Thursday afternoon outside Steaming Bean Coffee. Todd Moore, the owner of the Steaming Bean, has decided to put the coffee shop up for sale.

Photo by Matt Stensland

Steamboat Springs resident Jeff Coates has a bagel and coffee Thursday afternoon outside Steaming Bean Coffee. Todd Moore, the owner of the Steaming Bean, has decided to put the coffee shop up for sale.

Steaming Bean is for sale

Coffee shop owner moves to hospitality industry

Advertisement

— Steaming Bean Coffee owner Todd Moore is jumping out of the java boat, but it isn't because of any financial issues, he said.

The coffee shop has been open since May 2007 at Seventh Street and Lincoln Avenue, in Old Town Square. The shop's space used to be home to Mocha Molly's. Moore said he always considered the possibility of selling his venture.

"My thought process all along was, I saw an opportunity to bring back a much-needed amenity for the town, and since then, I have pursued other career opportunities in the hospitality business, which is what my background is," he said.

Moore started a new job two months ago, as ResortQuest's property manager for Torian Plum Plaza.

He said he enjoys taking businesses from the startup point to profitability and then selling them, which he did with a log furniture business in Frisco. Steaming Bean is doing well, and August was its second-best month to date, he said.

"It's ready for someone to get in without any of the risky parts," Moore said. "I've already taken care of all that."

The Steaming Bean franchise started in Telluride. Its Web site lists locations in Durango, Gunnison and Parker.

Moore doesn't have a taker yet, but he said several people have expressed interest.

Moore said he has no plans to leave Steamboat Springs. He and his wife, Tiffany, a nurse, own a home and live here with their two children. They moved to town a couple of years ago from the East Coast. Moore said the coffee shop has helped him meet Steamboat folks.

"It's one of the most fun jobs I've ever had, which is a unique thing about a coffee shop," he said. "It's an absolutely fantastic way to meet the community and become involved in the community."

Several people drifted in and out of the shop Thursday for a late-afternoon caffeine jolt. Mike Walsh, a student from Aurora, studied in a plushy chair along a wall.

"It's really nice, actually," he said about the Steaming Bean. "It's really comfortable. I like it."

Moore said business hasn't slowed down, despite problems in the economy.

"People are obviously cutting things out of their budgets," he said. "So far, local clientele has been strong, and we've continued to pick up more and more customers. Caffeine is one thing people might not be willing to cut out of their budget. It's kind of hard to live without caffeine and chocolate."

Comments

Use the comment form below to begin a discussion about this content.

Requires free registration

Posting comments requires a free account and verification.