Listing ID: WCH 24052018
Location: Edmonton, AB
This rapidly expanding Canadian coffee franchise is ideal for an entrepreneur looking to capitalize on potential. The coffee shop is in a neighbourhood shopping centre that includes one of the top twenty restaurants in city as voted by Tripadvisor. It is surrounded by newly developed affluent communities and is adjacent to a main arterial road for commuters. The coffee shop is a popular place for students, business meetings and connecting with friends to enjoy a cup of freshly brewed premium grade coffee.
This Franchise has a strong commitment to quality coffee and works with farmers that subscribe to sustainable farming practices, only accepting the best beans – rated 100% Speciality Grade, the top classification of Arabica beans.
This is an excellent opportunity for both first time business owners and experienced franchisees.
Why This Business
- Exciting new franchise
- Great location
- Potential for growth
- Ideal franchises
- Loyal and dedicated customers
- Dedicated staff
- Busy Drive-thru window
Are the current owners the founders? No How long? 4 years
Is this a Franchise Business? Yes
Owner Support/Training: Negotiable
Reason for Sale: Family commitments demanding attention.
Business Premises and Location
Does the Vendor own the premises? No
Is the premises part of this sale? Subleased as part of franchise agreement
What is the cost of the lease? $7791.00 per month plus CAM Costs, Signage, GST
Documents Available For Review (Subject to Offer)
Business Sales Memorandum, Financial Statements, Equipment List
Annual Revenue: $333,571 (2018)
Discretionary Earnings: Not disclosed
Assets: $ 180,000
Year Established – 2014
# of Employees – 2 F/T, 5 P/T
Asking Price – $160,000
Seller Financing – No
Inventory – $ 8,000