HOLLY RIDGE, North Carolina
| Asking Price |
$397,000 |
Year Established |
2019 |
|
| Annual Revenue |
$939,141 |
Reason for Selling |
Owner looking to retire. |
|
| Annual P/L |
$0 |
Attention |
Ben Shaw |
|
| Annual Cash Flow |
$139,158 |
Listing Number |
1016121 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
This independent specialty coffee shop and bakery has served a growing coastal community in southeastern North Carolina, quickly building a loyal following among local residents, seasonal visitors, tourists, and families. The business specializes in handcrafted coffee and tea, complemented by a fully staffed in-house bakery producing fresh baked goods daily, along with retail,wholesale, and online sales channels.
Multiple revenue streams support the operation, including private and corporate catering, meeting and event space rentals, and wholesale distribution of bottled beverages. The company benefits from an established management structure, an experienced and stable staff, a large and engaged email marketing subscriber base, and a strong online reputation reflected in consistently high customer ratings. Growth opportunities include expanded catering, wholesale distribution, and online retail, positioning this as a turnkey opportunity for a new owner seeking diversified income and strong community ties.
The SDE shown includes an annual rent charge of $34,500, is based on the Last Twelve Months through 6/30/26, and is for a full-time owner-operator. The real estate is being offered for lease from a third-party landlord.
Property Features and Assets:
<p>This established specialty coffee and bakery concept operates from a single, purpose-built retail space within a coastal North Carolina commercial center. The facility is a newer build, fully equipped for daily café and bakery production, and is leased from a third-party landlord with a renewal option already in place. Ownership has invested consistently in cafe & bakery infrastructure, keeping the space in strong operating condition heading into a transition.</p><p>Assets = $32,500</p>
Market Competition and Expansion:
<p>The Company competes in a growing local specialty coffee market against a mix of national chains and independent operators, holding a premium position and strong share of the local business. Broader industry conditions remain supportive: national data shows continued growth in premium and away-from-home coffee consumption, positioning well-run independent operators for continued relevance against larger competitors.<br></p><p>Growth avenues include expanding catering and private event offerings,broadening wholesale distribution of bottled beverage products, and developing new retail and online revenue channels. Management projects continued annual revenue growth, supported by marketing initiatives already underway, strong base, and by favorable demand trends for premium, community-oriented coffee concepts.<br></p>
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