Chris Doehner | 942 - Super Profitable Coffee Shop Downtown - OFF MARKET

 

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Super Profitable Coffee Shop Downtown - OFF MARKET

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942 - Super Profitable Coffee Shop Downtown - OFF MARKET

This is a very busy and VERY profitable coffee shop in a major office building downtown. The business has been established for 24 years and the owners are ready to retire. Great opportunity for someone who wants their evenings and weekends free as this is a Monday to Friday operation. In addition to sales at the business, they do some catering for offices nearby.  

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business Information

Gross sales: Approximately $500,000 for 2017
Size in sq. ft.: 900 sq. ft.
No. of Seats: Common seating in food court setting
Number of parking stalls: Nil
Style of cuisine: Coffee, pastries, sandwiches, salads
Customer Demographics: Employees in central office buildings and Plus 15 traffic
Type of service: Counter
Hours of operation: 6 am – 3:30 pm; 5 days a week
Number of employees: 2 full-time and 2 part-time plus owners

Leasing information:

Rate per sq. ft.: Averages $58,237 per year which includes 8% percentage rent
C.A.M.: Included in above amount
Lease Term: 10 years commenced 2018
Option Periods: No
Financing: Treat as clear title 

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