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978 - Franchise Coffee Shop - $159,000

This is one of the most attractive and desirable franchise locations in the City! It has a beautiful south-facing patio. 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!

Business Information

Gross sales: $525,000 – $550,000 average per year
Size in sq. ft.: 1,861 sq. ft.
No. of Seats: 36 inside plus 28 on patio
Number of Parking Stalls: First-come, first-served basis; lots of parking
Style of cuisine: Full franchise menu
Customer Demographics: Wide range of ages; business people; locals; lots of regulars
Type of service: Counter
Hours of operation: 
Monday to Friday 6 am – 9 pm;
Saturday 7 am – 8 pm; Sunday 8 am – 8 pm
Number of employees: 10 – with 4 full-time and 6 part-time

Leasing information:

Rate per sq. ft.: $42 per sq. ft.; gross monthly rent approx. $10,018 which includes rent, CAM and GST.
C.A.M.: Included in above monthly amount
Lease Term:  Feb. 2010 – Feb. 2020
Option Periods: Three 5-year options
Deposit held by Lessor: $6,835.50
Financing: Treat as clear title 

Please contact Chris for any questions or to set up a showing.