How does a person go about selling a coffee business?

[Orange Roaster]

Any one that could help with some ideas how to sell a coffee business it could be a great help to me.

It is both a wholesale and retail operation.

Things like: What to ask for it , how to market it and how to transact the deal.

 

[equus007]

advise

Best advise..hire a professional. This is big money and you only do it once. Usually for an established business you ask for a percentage(I believe its 150%)of your anual gross plus facilities and equipment. You sill also want a good CPA to do your taxes at the end of the year.

 

[Orange Roaster]

It seems like it really is complicated being a retail outlet and a roaster selling to wholesale customers as well. Can you tell me where I may find someone that would be an expert and How would I know that they are?

Thanks

al

 

[cafemakers]

It seems like it really is complicated being a retail outlet and a roaster selling to wholesale customers as well. Can you tell me where I may find someone that would be an expert and How would I know that they are?

I'm a little confused here: are you still trying to sell the business or are you looking for someone to help you run it?

Andrew

 

[Coffee Guy]

My guess would be he's trying to sell the business...If that is the case, I would suggest that you search out a business broker. They can usually help you get top dollar (if they understand your business) especially if there is a good commission involved. But give that a shot :grin:

 

[Orange Roaster]

Thanks for that I am trying to sell it but this is far from what my plan was but Thank you for your help

al

 

[Coffee Guy]

No problem...I guess it just depends on how fast you want to sell. Sometimes you might have more bites when you get a broker involved. Just make sure your asking price is reasonable and be sure to find out what kind of percentage the broker is looking for if they sell for you. Then you can adjust you asking price around that. :grin:

 

[Orange Roaster]

Thanks again,

From what I have gotten here it seem that what I thought was the asking price is maybe 1/3 of what I was going to ask.

Thanks again

 

[Orange Roaster]

Thanks again,

From what I have gotten here it seem that what I thought was the asking price is maybe 1/3 of what it is worth.

Thanks again

 

[ASMarroncito]

Selling a Coffee Business

I almost purchased one here in Austin, Texas, and can tell You the steps that will be helpful to You:

1. Get a Business Broker: they specialize in "silent" advertising of your shop. You don't want your customers to know that You're selling the shop, so silent advertising will do this.

2. You can purchase a valuations report from companies that do this. It'll cost You $300. You can give them the range of revenues You're interested in and they will produce a report of all transactions (Coffee, Bakery, etc.) that have been done, say in the last 5 years. The transaction description will help You compare your shop (what it nets, asset age, gross, etc.) with those in the report, which then helps You value your own business.

3. Advertise yourself in a Coffee Forum or magazine, without disclosing exact location/name until You get a Non Disclosure Agreement in place.

I'm looking to purchase a well kept pre-owned Coffee Roaster (10-20 lbs). Have any leads You can pass my way?

Best luck.

ASMarroncito.

 

[Orange Roaster]

I talked to Victor Allen really nice guy and he has a large number of that size roaster.

Thanks for your help

 

[equus007]

roasters

For the guy in Austin. Try Los Armadillos behind the Ihop on Caesar Chaves and if not there go to coffee traders. Which shop did you buy?