Turn-Key Success: Very Profitable Coffee Shop w/ 20+ years of Loyalty

Asking Price$295,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$357,428

Inventory$10,000
Included in asking price
FF&E$60,000
Included in asking price
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Turn-Key Success: Very Profitable Coffee Shop w/ 20+ years of Loyalty


Asking Price$295,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$357,428

Inventory$10,000
Included in asking price
FF&E$60,000
Included in asking price

Seller Financing Available
Business Description
Higher Grounds Coffee Shop. Cozy and homey. Fully equipped.
A Local Legacy with Proven Longevity
For over 21 years, Higher Grounds Coffee Shoppe has served as a cornerstone of the Boone community. While many businesses face the uncertainty of early years, this establishment offers a rare level of stability, boasting a consistent track record of profitability and a remarkably loyal, multi-generational customer base.
?Key Highlights
?Prime Location: Situated in a desirable, high-traffic area of Boone—a vibrant and rapidly expanding college town that blends seasonal tourism with a steady year-round student and local population.
?Operational Efficiency: Benefit from reasonable rent and favorable lease terms, ensuring healthy margins in a competitive market.
?Turn-Key Ready: This is a fully operational business with established vendor relationships, trained staff, and a reputation for excellence that takes years to build.
?Growth Potential: While the shop is currently thriving, there are numerous avenues for expansion, including extended hours, catering partnerships, or enhanced digital marketing to capture the growing demographic of the High Country.
?The Offering
?Higher Grounds is more than just a coffee shop; it is a community institution. This is an ideal acquisition for an owner-operator seeking a profitable lifestyle business or an investor looking to own a piece of Boone’s thriving local economy.
About the Business
Years in Operation
22
Employees
5 Part-time
Facilities & Assets
1600 sq. ft. Retail Store located in New Market Centre in the beautiful mountain town of Boone NC. Sale includes all operational equipment, furniture, and inventory. Includes mobile concession cart and box truck.
Market Outlook / Competition
Well established community favorite that is successfully competing against several other coffee shops including national and regional chains. Highly diverse customer base consisting primarily of local residents, college faculty/students, and tourists.
Opportunities for Growth
Currently not making use of mobile concession trailer/coffee shop. Have been invited to many festivals and local events. Potential for coffee shop by day/ bar by night operation.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Lease Expiration
12/31/2026
About the Sale
Seller Motivation
Retirement
Transition Support
Will provide up to 21 days of training and/or operational support.
Financing Options
Negotiable
Listing Info
ID
2470608
Listing Views
24
Business Location

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Business Listed by: Matthew Scott

Listing ID: 2470608 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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