The man who owns America’s smallest town wants to launch a national coffee business there.
Vietnamese businessman Ngyen Dinh Pham bought Buford at auction last year for 900-thousand dollars. Today he announced plans to start selling coffee imported from Vietnam at the town’s lone convenience store. His goal is to eventually distribute the coffee nation-wide.
With a population of one, Buford might seem like an odd place to get a foothold into a major American market. But Business Development Consultant Kip Cheroutes says it just might work.
An Oklahoma-based company auctioned off Buford, Wyoming Thursday afternoon. For a winning bid of $900,000, the property will move to the control of two unnamed businessmen from Vietnam. Wyoming Public Radio’s Rebecca Martinez has more.
Bidders and spectators from around the area and around the world flocked to Buford, Wyoming today/yesterday for the auction of what’s been called “The Nation’s Smallest Town.”
Four months after the doors of the Buford Trading Post were shuttered, the parking lot was once again filled with cars and trucks. Williams and Williams, the Oklahoma-based auction house, re-opened the Trading Post to sell of Buford’s 10 acres and five buildings, which include the service center.