Piedmont Cozy & Elegant Coffee House Acquisition Opportunity!!!

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Asking Price:
$150,000

Gross Revenue:
$275,347
Cash Flow:
$78,674
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

This Cozy and Elegant Coffee House has been in business since 2007 and still going strong. Current location is at the heart of beautiful Piedmont, Virginia. If you're ready for a great cup of joe, baked goods, cozy and relaxing atmosphere, it's time to visit this coffee house. This Coffee house serves the best variety of coffee from all over the world. Extremely knowledgeable and friendly wait staff are available to provide their expertise to assist with coffee beverage and baked goods selection. Customer base is built not only through word of mouth, and also from local and tourist activities. With additional use of internet based advertising and social media, business can be increased dramatically. Additional space in basement is available for hosting meetings. Potential of this coffee house is tremendous with modern and updated system already in place. It is an exceptional acquisition opportunity. Current owner wants to retire and hence this great acquisition opportunity.

• 3,000 sf overall facility including basement
• Beautifully decorated coffee bar area
• Beautiful location in the heart of Piedmont, Virginia
• Extremely high traffic road
• Current signage can be reused
• Relatively low rent factor at $4,000

About the Business

Year Established:
2007
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
3,000
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1376630
Ad Detail Views:
483

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Business Listed by

Steve Sigman

Transworld Business Advisors

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U.S. Census Data for Virginia
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Source: American Community Survey (2010-2014), United States Census Bureau.

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