The following is a sampling of recently closed transactions completed by Aspen Grove Investments.
Java Creek Cafe Sold
Java Creek Café in Cedar Rapids has recently changed hands.
Veronica Borman and Lee Ulrich, owners of Just Brew It, Inc. purchased the café and catering business from Integrated Ideas, Inc. on May 25th and began managing the business on May 26th.
Cedar Rapids residents Tyler Altenhofen and Dean Weber operated the store since 2007after purchasing it from Nordstrom Oil Company, Inc. Altenhofen and Weber successfully changed the business to bridge the gap between the small coffee houses and the high volume bakery concepts, based on the principle of delivering a large variety of gourmet coffees and pairing them with high end sandwiches, salads and bakery items. The business was later expanded to include a significant catering operation, licensing, and offers live entertainment on the weekends. Their other restaurant concept BBQ This! was sold in December of 2011 allowing Altenhofen and Weber to pursue a new business venture on the East Coast.
The 2,900-square-foot cafe is located at 588 Boyson Rd NE in the shopping plaza at the corner of Boyson Road and C-Ave NE.
Aspen Grove Investments, Inc. represented Integrated Ideas in the transaction and wishes Veronica and Lee all the best in their new endeavor.
About Java Creek Café
Java Creek Café is a dynamically cozy café where the doors are always open in a welcoming spirit. It’s like a home where wonderful neighbors stop by to eat and visit . . . where new and familiar faces become part of the tradition.
The daytime environment is stimulating for lively conversation with friends or a quiet lunch with a laptop. At night, we have big plans that involve wine and music . . . a combination that enriches all senses.
About Just Brew It, Inc.
Veronica Borman and Lee Ulrich have been long time business associates. Ulrich and Borman are co-owners of Iowa Coffee Roasters, (formerly L&L Coffee Co.) a custom coffee roaster in Cedar Rapids, Ia. Ulrich is the Owner of Ulrich Media. Borman is a tax expert specializing in small business. They formed Just Brew It, Inc. to purchase Java Creek Café.
We do not publish all closed transactions to this page.