V-AID Business Investment Advises Ren & Wen Universe, LLC on Sale of Renew Coffee N Bakery to Caffe and Panetteria, LLC
Frisco – V-AID Business Investment is pleased to announce the sale of Renew Coffee N Bakery to Caffe and Panetteria, LLC. Renew Coffee N Bakery boasts a prime location, easily visible from the main street of one of the fastest-growing cities in the DFW metroplex. Occupying a 1,667 sq. ft. space within a busy retail strip, it is within walking distance of several prominent entertainment and tourist attractions, medical offices, corporate offices, and luxury apartments, providing a stable customer base. All of the equipment is in excellent condition. The address is 8880 Coleman Blvd Frisco, Texas 75034.
Renew Coffee N Bakery was established this coffee shop business in early 2020. In its inaugural year, the business faced significant challenges due to the outbreak of the pandemic. However, the owners were able to overcome this obstacle and make it through the pandemic. The typical patrons are middle- to high-income individuals aged 20-45 who enjoy high-quality coffee and a comfortable environment for socializing or working. Several loyal customers regularly visit the shop with their friends, family, and coworkers.
Joseph Kim with V-AID Business Investment, as an exclusive business broker for Renew Coffee N Bakery, provided sell-side advisory services for Ren & Wen Universe, LLC from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
“A renowned local coffee shop, cherished by residents and situated in one of the city’s most rapidly developing neighborhoods, has been acquired by a buyer with a strong passion for entrepreneurship. The previous owner overcame many obstacles and hardships as they opened at the beginning of the COVID-19 pandemic—a period that saw numerous small businesses, particularly food and beverage establishments, closing their doors. Undeterred, the owners gave it everything they had and worked tirelessly to overcome the obstacles and make it through the pandemic. Despite the significant challenges, the owner’s persistence, passion, and strategic vision eventually led to remarkable success. Over the past four years, the coffee shop has flourished, becoming one of the most popular spots in the area and a favorite among locals and visitors alike. The new owner, who has a background in finance along with an MBA, saw a unique opportunity to grow an existing business. Although this venture represents a new territory for her, the transition was facilitated by a team of experienced, long-tenured staff and streamlined operations. This turnkey situation allowed for a smooth acquisition, leaving both the buyer and the seller enthusiastic about their future endeavors.” Joseph Kim, Associate Business Intermediary for V-AID Business Investment in Dallas.
About V-AID
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 640 transactions totaling over 150 Million Dollars and continuing.