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978 – Franchise Coffee Shop – $195,000

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This is one of the most attractive and desirable Good Earth 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.

Sales: 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

Financing: Treat as clear title

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


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