River Dog Coffeehouse And Cafe

www.GlobalBX.com

Listing ID: 700187764

Listing Title: River Dog Coffeehouse And Cafe

Quick Link: http://www.globalbx.com/listing.asp?bId=187764

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: North Carolina

Area

City: Linville

Asking Price Range: < $250K

Gross Revenues: $218,523

Cash Flow: $51,919

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2008

Number of Employees: 6 - 9

Business Description:
Linville is one of the most beautiful areas in the country and hosts many second homes. There is a great deal of money spent in this area and coffee drinks are POPULAR! A full service restaurant in the same complex boasted gross sales of almost $1M. River Dog Coffeehouse and cafe is in an excellent location in the middle of several high dollar developments such as Grandfather Mountain and Eseeola Lodge. The shop is actually located on Eseeola's property - private property - and a ABC permit may be possible with the option to expand into Beer and Wine or Bloody Mary's for a Sunday Brunch. The building size is 1,000 sf and seats 38 with plenty of parking. Rent is $1,100 with an additional $200 per month for snow removal, lawn car and any holiday decorations. The place opened 5 years ago and is open Monday through Friday from 7:00 am to 3:00 pm and Sunday from 8:00 am to 3:00 pm. The shop is also closed on Sunday during the winter. There are 7 part-time employees. The asking price of $149,000 includes: Well Established business with Healthy Cash flow reported at over $51,000. Inventory of $2,600. Furniture, Fixtures and Equipment of $41,266 The owners will stay and train for a short period of time at no cost. The following link is a press release that ran in the paper when the shop opened. It gives some background information on the owners. averyjournal.com/Community/story/Husband-wife-team-trade-in-traditional-careers-to-open-The-River-Dog-Coffeehouse--Cafe-id-010275 The wife has already moved closer to help her aging parents and the husband is very motivated to join her.



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