Upscale and Profitable Coffee House and Wine Bar

Charlotte, NC
Mecklenburg County

Asking Price: Annual Revenue:
$145,000 $307,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Upscale and Profitable Coffee House and Wine Bar Broker: Tonya Kerr

Quick Facts

Asking Price: $145,000
Annual Revenue: $307,000
Net Profit: Not Disclosed
Cash Flow: $17,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 4
BBN Listing #: 285515821
Broker Reference #: Not Disclosed

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Business Overview:

TIRED OF “CORPORATE AMERICA”! JOIN ONE OF THE FASTEST-GROWING NICHE INDUSTRIES IN THE COUNTRY…..THE COMBINATION OF COFFEE AND PASTRY SHOPS WITH A WINE AND SPECIALTY BEER BAR, THEREBY BROADENING PRODUCT DEMAND FOR BOTH MORNING AND EARLY-EVENING HOURS! The main objective for low unit price-point businesses (traditional coffee houses, yogurt bars, ice cream shops, etc.) has been to introduce additional complementary products to “upsell” and increase each customer’s ticket total while rendering excellent service. The ultimate business goal has been to increase sales volume while simultaneously reducing seasonality associated with the primary product. Does anyone remember all the Caribou Coffee Shops and Yoforia Yogurt Bars in Charlotte a few years ago? The owners of this business, who are quasi-absentee with the day-to-day operations, have just in their second year of operation developed a business model that is becoming increasingly popular—introducing popular-consumable products that complement the business and provide product differentiation by “day and night”!,

In the morning, the business serves coffee, espresso, pastries and bagels, oatmeal and other breakfast items. At lunch time, soups, quiches, a variety of salads, and other lunch-type items are available. As the sun begins to set around 5pm, the company offers wine and exotic/craft beers, light desserts, and will be introducing basic appetizers to complement the wine and beer being served. This strategically-positioned business is on the “cutting edge” of product diversification in the local market area. In addition, catering services for breakfast and luncheon corporate meetings are beginning to expand as the company’s menu has become more extensive and diverse. Located in an office building near the Central Business District (“CBD”), the business has thousands of potential patrons in the numerous office buildings and corporate towers close-by. Moreover, it is located within a reasonable walking distance of Discovery Place and Spirit Square.

The business operates from a well-appointed and expansive space of approximately 1,300 Square Feet with abundant and varied seating suitable for private discussions or group meetings. WiFi is available, and consideration is being given to adding a large TV/screen for special-event viewing by patrons. In its first full 12-month cycle, the business achieved an excellent sales level in excess of $300,000, and opportunities for profitable future growth are further discussed herein. The owners are considering selling the business at this time due to demands of their other professional business interests. CALL or E-MAIL TODAY while this profitable and strategically-positioned niche business is still available!

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Property Features and Assets:

New, modern, and very nicely-appointed coffee shop of approximately 1,300 SF located near Charlotte’s rapidly-growing CBD. Very open and inviting facility space in an office building with a reasonable lease rate, particularly for an uptown location. A 5-year renewal option is available at established and reasonable annual rates. This new business location is being highlighted/promoted with increased building signage and appropriate portable signage for special and limited outside use.

Market Competition and Expansion:

There are numerous restaurants and eating establishments uptown where coffee is readily available, but this business is one of the few specialized coffee shops in the entire CBD market area specifically-dedicated to upscale coffee, espresso, and select hot teas!! Abundant comfortable seating and WiFi is available for extended stays by patrons, whereas most of the other facilities serving coffee are primarily interested in quickly “turning over the tables”.

Reason for Selling:

Other demanding professional and business interest

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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