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 Trip Advisor. 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 studying and business meetings.
The master franchiser runs their own store and is understanding of the challenges that franchisees face when operating in Alberta. The franchise has strong commitment to quality coffee and is recognised in the brand.
This is an excellent opportunity for both first time business owners and experienced franchisees.
Why This Business
- Exciting new franchise
- Limited competition
- Great location
- Potential for growth
- Ideal franchises
- Loyal and dedicated customers
- Dedicated staff
- Busy Drive-thru window
Are the current owners the founders? No
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? $ 7,791.00 per month
Documents Available For Review (Subject to Offer)
Business Sales Memorandum, Financial Statements, Equipment List
Annual Revenue: $300,000 (2018 F/Y projection)
Discretionary Earnings: On request
Assets: $ 240,797
Year Established – 2014
# of Employees – 2 F/T, 5 P/T
Asking Price – $ 225,000
Seller Financing – No
Inventory $ 6,000