Own One of Wilmington's Most Popular Coffee Bars...

Wilmington, NC

Seller Financing Available

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Asking Price:$615,000
Rent:$5,982.72/Month
Cash Flow:$140,000
Established Year:2023
BUSINESS DESCRIPTION

This business has garnered the loyal support of the residents, remote workers and numerous coffee aficionados during the day and after 4pm the ambiance changes. This beautifully designed space evolves into a great place to meet friends and enjoy great craft cocktails and more….The business stands out compared to other coffee shops as it is more sophisticated with its presentation of drinks and atmosphere that is created.

With knowledgeable staff willing to stay with the sale. This is an asset purchase to include the rights to the name/brand, trademark, recipes, furniture, fixtures, equipment and goodwill to include all website, social media, and vendor relationships.

To learn more about this exclusive offering, contact us for confidential discussions and explore the possibilities that await. All interested parties must sign a Non-Disclosure Agreement and be financially able to fund the purchase by showing proof of funds within their personal financial statement.


DETAILED INFORMATION
Location
Wilmington, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,337
Lease Expiration
22/04/2033
Employees
10
Facilities
Located in one of downtown Wilmington's most popular Districts. This coffee bar is considered to be one of Wilmington's most beautifully designed. No detail was overlooked.
Competition
The growth in the Wilmington market has been and continues to be outstanding. For the past 3-years Wilmington has been identified as the number 1 place to relocate to in the US….and they continue to come. There are numerous coffee shops in the area but none are as well-appointed or offer what this business offers. There is one significant component that really sets this business apart and that element can be divulged after the interest party executes a Non-Disclosure Agreement.
Growth & Expansion
The sellers have established a great business model that was extremely well received when the doors opened. The new owner will benefit from that strong existing support while reaping the benefit of the ongoing increase in population. This business model has been so well received that expansion or franchising of the concepts is certainly a viable option.
Support & Training
Seller will be open to a transition period to meet the buyers needs.
Reason for Selling
Seller is involved in several businesses and ready to take on another project.
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Terry
Espy
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Terry Espy