Premier Café & Cocktail Concept in Norfolk - CD

Listing Number: 9525-889730

Listing Details

Premier Café & Cocktail Concept in Norfolk - CD
Price: $99,000
Location: Norfolk, Norfolk City, Virginia
  • Down Payment: $70,000
  • Sales: $151,558
  • Seller's Discretionary Earnings: $52,378
  • Inventory: $0
  • Furniture, Fixtures, and Equipment: $20,000
  • Rent: $2,600
  • Employees:
  • Year Established:
  • Reason for Selling: Moving

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Business Listed By
Charles Daucourt, CM&AP
IBBA
President's Club
CMAP

Business 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: $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.