VR Business Brokers is honored to assist another set of Triangle business owners in the transfer of a privately held profitable business.
The most recent sale is a successful coffee shop with more than a decade of history, a drive through, and ample outdoor seating which has kept satisfied customers coming even through COVID.
The owner of this business decided to sell due to a death in the family and new life priorities. This sale enabled this founding business owner to start a new chapter in life and see a meaningful transfer to another local business owner who will carry on the coffee shop’s well known legacy. The original owner also received a generous compensation for her hard work.
The buyer of this well known Raleigh destination is a multi-operator with a second restaurant as well as numerous other small businesses. Adding this location will enable her to use her staff and buying power more efficiently, and increase her monthly cash flow through the consistent monthly profits that this business generates.
Congratulations to both business women for this successful transaction, and special thanks to attorney Peter Hanna and Scott Silvers for respective seller & buyer representation as well as transaction and escrow services.