Established Cafe & Event Venue Specializing in Euro Teas & Custom De
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Prince Tea House presents an exceptional acquisition opportunity in Virginia Beach's thriving hospitality market. This established Asian-European fusion cafe and event venue has been successfully operating since 2021, generating $50,000 in annual cash flow on an asking price of $180,000.
BUSINESS OVERVIEW
Specializing in premium French-sourced teas, handcrafted pastries, and elegant afternoon tea service, Prince Tea House offers a unique dining experience that blends Eastern and Western culinary traditions. The sophisticated yet welcoming atmosphere attracts customers seeking both everyday refreshment and special occasion dining.
REVENUE STREAMS
• Full-service cafe featuring desserts, brunch items, finger sandwiches, scones, and salads
• Premium tea service with signature beverages served in elegant teapots
• Private event hosting including birthdays, bridal showers, wedding receptions, rehearsal dinners, and corporate banquets
• Afternoon tea sets and specialty dining experiences
COMPETITIVE ADVANTAGES
• Unique positioning as the only Asian-European fusion tea house in the Hampton Roads area
• Established customer base and strong local reputation
• Versatile venue accommodating both casual dining and formal events
• Commitment to quality with organic desserts and carefully curated tea selections
• Franchise support system providing operational guidance
OPERATIONAL BENEFITS
• Turnkey operation with established systems and processes
• Comprehensive post-sale support including kitchen and server training
• Material supply chain assistance through franchise network
• Elegant interior and welcoming atmosphere already established
GROWTH POTENTIAL
The business operates in a market with significant expansion opportunities. The unique concept and established reputation provide a strong foundation for growth, with potential for concept evolution and market expansion throughout the region.
This sale represents an ideal opportunity for an entrepreneur seeking an established, profitable business in Virginia Beach's dynamic food and beverage sector. The retiring owner has built a respected brand with strong fundamentals and clear growth trajectory.
BUSINESS OVERVIEW
Specializing in premium French-sourced teas, handcrafted pastries, and elegant afternoon tea service, Prince Tea House offers a unique dining experience that blends Eastern and Western culinary traditions. The sophisticated yet welcoming atmosphere attracts customers seeking both everyday refreshment and special occasion dining.
REVENUE STREAMS
• Full-service cafe featuring desserts, brunch items, finger sandwiches, scones, and salads
• Premium tea service with signature beverages served in elegant teapots
• Private event hosting including birthdays, bridal showers, wedding receptions, rehearsal dinners, and corporate banquets
• Afternoon tea sets and specialty dining experiences
COMPETITIVE ADVANTAGES
• Unique positioning as the only Asian-European fusion tea house in the Hampton Roads area
• Established customer base and strong local reputation
• Versatile venue accommodating both casual dining and formal events
• Commitment to quality with organic desserts and carefully curated tea selections
• Franchise support system providing operational guidance
OPERATIONAL BENEFITS
• Turnkey operation with established systems and processes
• Comprehensive post-sale support including kitchen and server training
• Material supply chain assistance through franchise network
• Elegant interior and welcoming atmosphere already established
GROWTH POTENTIAL
The business operates in a market with significant expansion opportunities. The unique concept and established reputation provide a strong foundation for growth, with potential for concept evolution and market expansion throughout the region.
This sale represents an ideal opportunity for an entrepreneur seeking an established, profitable business in Virginia Beach's dynamic food and beverage sector. The retiring owner has built a respected brand with strong fundamentals and clear growth trajectory.
About the Business
- Years in Operation
- 5
- Employees
- 9 (4 Full-time, 5 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- fully equipped kitchen with hood, oven, refrigerators, fryers, cappuccino/espresso café machine. beautiful dinning room with 65 seats
- Website
- https://www.princeteahouse.com/
- Market Outlook / Competition
- very unique tea/cafe bistro in the whole Hampton Road area
- Opportunities for Growth
- lots potential market in the area, can be key turning to different business concept.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- owner retiring
- Transition Support
- franchising support from kitchen , server training, material supply
Listing Info
- ID
- 2491449
- Listing Views
- 1
Attached DocumentsAttachment Disclaimer
Main discretion box Business Overview.docx
Business Location
Listing ID: 2491449 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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