Finding Christopher Galbreath who acquired Crave Coffee Bar & Bistro of Arlington, Tennessee, took just a few weeks from the time the business was shown to the market by CBI Team. CBI Memphis Business Broker Jack Pritchett, who facilitated the transaction for the Sellers and Buyer shared, “Lana and Ben Hickey, the Sellers, were wonderful to collaborate with, and they were introduced to me through a referral. The swiftness of this transaction was due to the Sellers’ expansion of their bakery business and the buyer’s plans to grow his existing coffee enterprise.” At the time of acquiring this business Ben and Lana Hickey were also launching their second coffee shop. Both parties had closely aligned interests, which facilitated a rapid and seamless transaction.
The CBI Team has identified many other prospective coffee shop buyers, as well as buyers for just about any kind of business. If you are considering selling your business anytime in the next few years, contact CBI today for a free, confidential business review at confidential@cbiteam.com or call 877-582-5200. To grow your business, consider CBI’s Certified Value Builder program!