Listing Number: 9525-889730
Description
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: 115,000.00 Firm Down payment : $60,000.00 Seller financing available for strong buyer. Serious inquiries only. A signed NDA will be required to receive detailed financials and the full Confidential Information Memorandum.
Listing Details
- Price: $ 115,000
- Down Payment: $60,000
- Sellers Discretionary Earnings: $ 52,378
- Total Sales: $ 151,558
- Location: Norfolk, Norfolk City, Virginia
- Inventory: $ 0
- FF&E: $ 20,000
- Employees:
- Reason for Selling: transitioning to other ventures
- Category: Restaurants
Business Listed By:
- Charles Daucourt, CM&AP
- Phone: (757) 231-6557
- Email: cdaucourt@tworld.com