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Historic House w Tea Room & Collectibles
NCListing DetailsOffice ID: TEAROOM1
Status: Active
Listing Broker: George Bradbury
Listing Price: $225,000
Gross Revenue: $7,582
12 Month Forecast: $8,000
Inventory: $10,000
Inventory Included: Yes
FF&E: $20,000
FF&E Included: Yes
Acreage: 0.12
Real Estate: $195,000
Real Estate Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
Owners are retiring.
Training:
Owner will work with buyer for 30 days
OperationsYear Established: 2017
Form of Ownership: LLC
Employees (contractors): 1
Business Hours: By Appointment
Summary
Business Description:
Enjoy this lovely business, which provides a wonderful event venue for your shoppers and diners! Surrounded by vintage acquisitions for display and sale, diners can enjoy a light repast up to a full dinner with wine or beer. This Tea Room and Collectibles Shop is located in the Hope Mills Historic District of NC known as Mill Village, and only a long block from picturesque Hope Mills Lake. All inventory items, furniture, decor, kitchen equipment, recipes, website, and delighted tourist and local customer base are all for sale, housed in the circa 1907 building, originally a Boarding House for the Mill. The owners currently operate by appointment only for groups of 10 or more; they will tailor the menu to the guests' needs, be it lunch, dinner, or specialty teas and events. Their expanded commercial kitchen offers an array of appetizers, soups, salads, main courses and desserts from which to choose, which would be a delight for travelers, clubs, church groups, fund raisers, or private celebrations, including wine tastings. The cozy elegance of the Victorian Tea Room overflows into the other rooms of this historic house, with eclectic vintage pieces throughout. For sale are vintage furniture, over 300 pieces of artwork, jewelry, antiques, and unique collectibles and gifts.
Competition:
While specialty shops in the Historic District are abundant, there are few eateries or similar shops.
Potential Growth:
With expanded 7-day a week full-service hours; coffee and carry-out throughout the day; on-line event planning and calendar; catering; party services; mini-auctions; and blind-bid fundraisers...endless possibilities with social media exposure.
LocationType of Location: Stand Alone
Real Estate for Sale: Yes
Real Estate: $195,000
Square Footage: 2332
Facilities:
A thoughtful renovation of a Victorian style boarding house, with commercial kitchen upfit, 2,332 sq ft on a corner lot, with wine and beer permit.
Last Updated: Oct 23, 2018 / 2:55 PM
Financial Information Current as of: Oct 20, 2018 / 4:53 AM