NORFOLK, Virginia
| Asking Price |
$99,000 |
Year Established |
|
|
| Annual Revenue |
$151,558 |
Reason for Selling |
Family reasons |
|
| Annual P/L |
$0 |
Attention |
Charles Daucourt |
|
| Annual Cash Flow |
$52,378 |
Listing Number |
999364 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
An extraordinary opportunity to acquire a well-established, community landmark café and cocktail bar located in the heart of Norfolk. This business is more than a coffee shop—it is a destination experience that has earned a 4.9-star rating across 280+ Google reviews and cultivated a loyal customer base that praises its atmosphere, service, and high-quality offerings. Highlights include: Exceptional reputation – glowing reviews and strong word-of-mouth. Diverse concept – combines a specialty coffee program with a creative cocktail menu, offering multiple revenue streams. Prime location – centrally situated with excellent visibility and accessibility. Community presence – a true cultural hub featuring local art and events, making it a cornerstone in the neighborhood. Strong brand identity – modern, inviting vibe with potential for growth and expansion. Financials (2024): Gross Revenue: $150,000 Seller’s Discretionary Earnings (SDE): $69,000 This business has been thoughtfully built and positioned not only as a café, but also as a vibrant cocktail destination and community gathering space. Asking Price: $99,000.00 Firm Down payment : $70,000.00 Seller financing available for strong buyer for the remaining amount of $29,000. Serious inquiries only. A signed NDA will be required to receive detailed financials and the full Confidential Information Memorandum.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity