Coffee Shop Business Acquisition Closing

This transaction involved a $304,000 SBA 7(a) business acquisition loan to support the purchase of a coffee shop located in Hamilton, Ohio. Established in 2004, the business has developed a strong local presence and expanded its operations over time. The company was acquired by a long employee who has played an integral role in its growth and evolution. Most notably, the addition of an in-house roastery in 2017 allowed the business to broaden offerings and support wholesale relationships with other establishments. The financing facilitated a smooth transition of ownership while maintaining ongoing operations and positioning the business for continues success. The loan was structured with a 75% SBA guaranty and was closed by our lending partner, FCN Bank, on December 3, 2024.