Popular Coffee Shop & CBD Store

Not Disclosed, AL
Baldwin County

Asking Price: Annual Revenue:
$150,000 $475,231

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Coffee Shop & CBD Store Broker: William Kleinschrodt

Quick Facts

Asking Price: $150,000
Annual Revenue: $475,231
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 887756533
Broker Reference #: 24876-440097

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Business Overview:

Great coffee shop in the heart of Daphne, AL with immediate opportunities for sales growth. The business currently offers specialty coffee drinks, smoothies, 24 flavors of gelato, breakfast, lunch, soups, and salads. Location features a very impressive and modern build-out with great potential for someone who can focus on the business full-time. Seller opened a brewery and would like to concentrate on growing and operating his other businesses. Seller would like the name to change, but if you want to keep the name, it can be licensed for 3% of gross sales. Seller will train new ownership on how to manage, make all menu items and operate everything.

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Property Features and Assets:

The Seller got involved in the coffee industry while studying abroad in Costa Rica. While living in Costa Rica he started shipping coffee back to the U.S. Upon returning home, he decided to open his first shop in downtown Mobile in 2008. In 2017, Owner expanded into Daphne and around the same time frame opened up a Brewery. The Brewery created an ABC conflict with the retail coffee shops and he had to surrender the ABC license for the Daphne location creating an immediate opportunity for new ownership to grow sales. Recently the owner started offering CBD products in the store and online with low competition in this area for quality CBD products.

Market Competition and Expansion:

Daphne is in Baldwin county, the fastest growing county in Alabama. Multiple apartment and neighborhood developments are currently under construction in the surrounding area. A 32 unit condominium complex is about to break ground directly behind this location. The city is also putting in a street light in front of the shopping center where it is located which will help get more north bound traffic. Potential Growth: Get the liquor license to offer alcoholic beverages and signature drink again. Market the CBD products offered at the location. Management in place, and an owner willing and able to get involved in the day-to-day could make this an attractive owner/operator lifestyle business.

Reason for Selling:

Other interests

Additional Details:

  • The property is leased.
  • 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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