Listing ID: SCFS 05282018

Location: Fort Saskatchewan, AB

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Second Cup Franchise

 

Business Overview

Second Cup is proudly Canadian, with a dominant presence throughout the country, offering a great opportunity for Franchisees. This successful franchise is recognized for its handcrafted beverages made from the highest grade of speciality Arabica coffees sourced from environmentally conscious farms around the globe. In addition to coffees, and teas, this franchise also offers a variety of smoothies, frappes, Italian sodas, lemonades and hot chocolate. A delectable choice of muffins, cookies, scones and breakfast sandwiches are offered to enhance the coffee experience.

This location offers a drive-thru, large patio dining area, and is high visible in a densely populated area, close to a recreational facility, and a high school.

As a Second Cup franchisee they will enjoy the benefits of a proven business model, product and beverage innovation, as well as a strong management team support. This 43-year-old franchise is committed to be the coffee brand of choice.

Why This Business

  • Well trained and competent staff in place
  • All equipment is in excellent working condition
  • Centralized marketing throughout the Franchise
  • Great location, close to schools, sports fields, residential and commercial businesses
  • In-depth training programs offered by the Franchise
  • Plenty of opportunity for growth with a hands-on owner
  • All applicants must be pre-approved by the franchise.

Are the current owners the founders? Yes. At this location.
Is this a Franchise Business? Yes
Owner Support/Training: Support and training offered by the Second Cup Franchise & Owner
Reason for Sale: Owner would like to pursue other interests

Business Premises and Location

Does the Vendor own the premises? No, leased
Is the premises part of this sale? No
What is the cost of the lease? $7,768.55. 1500 sq. ft. building is located in a strip mall location with drive through.

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Equipment List

Operational Summary

Snapshot

Annual Revenue: $519,603

Discretionary Earnings: $ 43,138

Assets: $ 394,000

Information

  • Year Established – 2013

  • # of Employees – 3 F/T, 6 P/T

  • Asking Price – $ 250,000.00

  • Seller Financing – Not applicable

  • Inventory $ 20,000

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