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River Dog Coffeehouse And Cafe
Location: United States -> North Carolina -> Linville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $218,523
Cash Flow:   $51,919
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $43,866
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train for a short period at no cost.
Reason For Selling:  Moving to help aging parents

Photos

View Larger Photo(s) Of Business
River Dog Coffeehouse And Cafe Photo 1 River Dog Coffeehouse And Cafe Photo 2 River Dog Coffeehouse And Cafe Photo 3




Print Listing Id: 700187764




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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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