Listing not one but two coffee shops for sale in March 2020 would seem like just a normal day for Keith Simpson of Restaurant Realty in Commercial Restaurant sales. But just 10 days later who could foresee the Covid-19 pandemic and the closure of virtually all restaurants in California. The Seller was heartbroken that her successful coffee business would have to close and probably not sell in the short term. World Traveler Coffee Roasters produces a quality coffee product in two locations. One in Roseville on Douglas Blvd, which also roasts the fresh coffee beans, provides the café and ‘off sale’ for customers while supplying the second shop in Folsom on E. Bidwell St with the roasted beans. In return, the Folsom shop provides home made pastries and cakes for Roseville. Amazingly a qualified buyer was secured and in contract to purchase just 20 days after RRC listed for sale and at a full price all cash offer of $400,000. The buyer has the passion for excellent coffee and quality pastries and has grand ideas to expand and market their coffee to supermarkets and local restaurants.
Escrow closed just 10 weeks after listing the business for sale. Remember the name World Traveler Coffee Roasters!