1005 – Beautiful Franchise Coffee Shop – $135,000
This is one of the most attractive and desirable locations in the City! It has a beautiful south-facing patio. The cost to build is many times what the owner is asking for. Lots of potential to grow the business. The asking price is a fraction of buying a new franchise. Don’t miss this great opportunity.
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: $525,000 – $550,000 per year
Size in sq. ft.: 1,861 sq. ft.
No. of Seats: 36 seats inside plus 28 on patio
Number of Parking Stalls: Lots of parking in shopping in center lot
Style of cuisine: Casual dining with full franchise menu; coffee and beverages; baked goods
Customer Demographics: Wide range of ages; business people; local residents in surrounding neighbourhoods; women & children
Type of Service: Counter
Hours of Operation:
Monday – Friday 6 am – 9 pm
Saturdays 7 am – 8 pm
Sundays 8 am – 8 pm
Number of Employees: 10 – with 4 full-time and 6 part-time
Rate per sq. ft.: To be Verified
C.A.M.: To be Verified
Lease Term: February 2010 – February 29, 2020
Option Periods: Three 5-year options
Deposit held by Lessor: $6,835.50
Financing: Treat as clear title