Frmer Dancing Goats Coffee Legion & Capitol Avail.
Olympia, WA Thurston County
Legion and Capitol
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- RE: Frmer Dancing Goats Coffee Legion & Capitol Avail.
- Contact: Wes Martin
Quick Facts
| Asking Price: | $75,000 | |
| Annual Revenue: | $675,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $195,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 990836 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The name Dancing Goats or Batdorf & Bronson cannot be mentioned in Olympia without conjuring immediate knowledge of one of the area’s best-known coffee cafés and roasters. Recently the parent company, located in Atlanta Georgia, sold off the roaster and some of the brand trade names and decided to focus their café retailing in Georgia, thus leaving the PNW. This has left one of Olympia’s most premier coffee/café spaces available to an ambitious buyer for an excellent price. The corner of Legion and Capitol is a high visibility, high traffic, space that is both inviting and well known for being the go-to place for folk’s daily caffeine and pastries. Any Buyer will need the experience and resources to qualify for the lease. The Seller is offering to pay two months’ worth of the lease to help the Buyer start off on the right foot. The Selling price doesn’t even come close to the value of what is being provided. All the fixtures, equipment, upgrades and build-out, are worth nearly $190k in depreciated value. The revenue for 2024 before they closed was $675k as an absentee cafe. Take advantage of this incredible opportunity today before it gets scooped up.
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Property Features and Assets:
Approximately 1500 sq feet of prime, high visibility, corner downtown café space with generous indoor and seasonal outdoor seating. Corner of Legion and Capitol is one of the most coveted locations in Olympia.
Market Competition and Expansion:
This is one of the best coffee/café spaces available in Olympia. High visibility, corner space, lots of foot traffic and is known as the go to spot for daily coffee and pastries. Locals actively are patiently waiting for the space to reopen. An owner operator could do very well in this space. Someone with coffee/café experience, managing the day to day, is the recipe for success.
Reason for Selling:
Parent company is leaving NW and focused in Atlanta.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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