Turnkey, Iconic Coffee Shop with Proven Success
Richmond

What do you get when you mix freshly roasted coffee beans and a business with a strong foundation and proven history of success? The ultimate turnkey, iconic coffee shop with a loyal customer base who come back day after day!

This is a once in a lifetime opportunity to own a well caffeinated business with unlimited growth potential locally and nationally. With minimal advertising, this business has done an incredible job making a name for itself while bringing in consistent revenue year after year.

The owner has done a fantastic job cultivating a warm, inviting atmosphere that offers a variety of delicious options for customers to choose from.

Don’t miss this fantastic opportunity to take over a thriving business with a stellar reputation and abundant potential for growth. Whether you're an experienced coffeepreneur or an entrepreneur looking for a great opportunity, this beloved business is ready for its next chapter!

Listing Number:

24108

Category:

Food - Coffee

Location:

Richmond
$698,000

Financial Information:

Gross Revenue:

$1,414,488

Listed Price:

$698,000

Down Payment:

$0

Total Income:

$224,762

Year Established:

1979

Lease Information:

Square Feet:

1950

Total Rent:

$4,150

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$77,519

Equipment / Fixtures:

$48,000

Inventory:

$50,000

Other Assets:

$9,000

Additional Information:

Full-Time Employees:

5

Part-Time Employees:

10

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Proctor Trivette
Office: | Cell: (804) 965-4460
License #:

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Turnkey, Iconic Coffee Shop with Proven Success
Richmond

Listing Number:

24108

Category:

Food - Coffee

Location:

Richmond

Listed Price:

$698,000
brokerPhoto
Proctor Trivette
Office: | Cell: (804) 965-4460
License #:

What do you get when you mix freshly roasted coffee beans and a business with a strong foundation and proven history of success? The ultimate turnkey, iconic coffee shop with a loyal customer base who come back day after day!

This is a once in a lifetime opportunity to own a well caffeinated business with unlimited growth potential locally and nationally. With minimal advertising, this business has done an incredible job making a name for itself while bringing in consistent revenue year after year.

The owner has done a fantastic job cultivating a warm, inviting atmosphere that offers a variety of delicious options for customers to choose from.

Don’t miss this fantastic opportunity to take over a thriving business with a stellar reputation and abundant potential for growth. Whether you're an experienced coffeepreneur or an entrepreneur looking for a great opportunity, this beloved business is ready for its next chapter!

Financial Information

Gross Revenue:

$1,414,488

Listed Price:

$698,000

Down Payment:

$0

Total Income:

$224,762

Year Established:

1979

Lease Information

Square Feet:

1950

Total Rent:

$4,150

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$77,519

Equipment / Fixtures:

$48,000

Inventory:

$50,000

Other Assets:

$9,000

Additional Information

Full-Time Employees:

5

Part-Time Employees:

10

Special License Required:

N/A

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.