Business for Sale

Business Location

CHARLOTTESVILLE, CHARLOTTESVILLE CITY, VIRGINIA, USA

Business Category

All - Retailers, Retail

Offer Issue Date

Offer End Date

No of Employees

Established Year

Business Description

International Coffee Enterprise

Business Summary

Asking Price

Cash Flow

The Business: Founded in the early 1990s, the business is a global specialty coffee roasting operation focused on sourcing, roasting and selling fine coffees. This international coffee enterprise is poised to expand operations within currently supplied countries as well as new locations around the world. The enterprise boasts 14 locations within the United States and 12 locations abroad. There is potential for growth as the business is in discussions with another Middle Eastern entity who could establish franchise control in several additional countries. Additionally, they are aggressively expanding their retail distribution network. Current partnerships include national retailers, local grocers, specialty stores, and convenience stores. Over the last 8 years, they have had an average year-over-year increase of 51% in new locations carrying their product. Financials: The company’s financials show consistent growth in sales over the last 3 years accompanied by a strong SDE percentage (16%). The 26 operating franchises pay royalties to the group of 4%-5% and the roaster receives payment for the sale of the products. Their financials do not include the potential incorporation of another facility in the Washington, DC area which could add $800,000+ in 2023 revenue. Services: The company offers a number of auxiliary services including RTD beverages, label production, canning, and much more. The RTD canning operation is running at 10% capacity and is expected to change drastically in 2023. They are in negotiations to ship their first container load of RTD Coffee which should open up the West Coast through a major retailer with 54 sites. Available in the Sale: The company is offering the owner a beautifully renovated historic real estate property valued at $4,000,000. The property is a turn-key country estate in the heart of an historic district which compliments the roasting operation and is conveniently located close to the corporate headquarters.

NON-Compete: 100 miles for 5 years

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