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910 – Popular Coffee Shop Franchise – $169,000

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This Coffee House is located in a new building in the Beltline. In addition to the office workers in the tower, there are many residential condos and apartments in the area providing a built-in clientele. Shows very well. The owner has other business interests and has decided to sell this store. It’s priced WELL below the cost of building a new café so don’t miss this great opportunity.

Sales: Gross sales: $375,000 per year (has been as high as $500,000)

Size in sq. ft. 1,950 sq. ft.

No. of Seats: Licensed for 57; actual 42 plus 35 on patio

Number of parking stalls: 1 dedicated stall; plus on street

Financing: Treat as clear title

Style of cuisine: Coffee franchise full menu; soups; sandwiches; baked goods; beverages

Customer Demographics: Wide range of ages; business people in tower; locals from surrounding condos and apartments; walk-by traffic

Type of service: Counter

Hours of operation:
Monday through Friday  6 am – 6 pm

Saturday and Sunday 8 am – 5 pm

Number of employees: 2 full-time and 2 part-time

Leasing information:

Rate per sq. ft. $35 per sq. ft. OR $9,331.50 per month for rent, CAM and GST
C.A.M. Included in above monthly amount
Lease Term: 10 years commencing May 2011             Option periods: Two 5-year options
Deposit held by Lessor: Nil


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