Coffee Shop in an Exceptional Location for Sale in Ottawa

Listing ID:
OTTAWON001-N1378

Confidential, Ontario, Canada

Snack and Nonalcoholic Beverage Bars

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Greg Kells

gregkells@sunbeltcanada.com

Description

Opportunity to own a coffee shop situated at one of the most active intersections in Ottawa,Canada. This well-equipped and beautifully decorated cafe is located in front of the main LRT stop in the downtown business district; it will be among the busiest cafes in the city when LRT transit opens for service. There is a lengthy and attractive lease in place and all equipment is in excellent working condition. Staff are friendly and well trained. They sell gourmet coffee, freshly baked goods, sandwiches, soups and other grab & go items. It is open on weekdays only, allowing the owner to enjoy personal time but can be opened on weekends if desired. Perfect business for a small family to own or can be an expansion location for an existing brand. Current owner will provide training for a smooth transition. To learn more about this opportunity, contact Andrew Saikaley of Sunbelt Business Brokers, (613) 731-9140 x245 or andrew.saikaley@sunbeltcanada.com

Financials

Asking Price:$250,000
Revenue:$375,000
Cash Flow:$375,000
Downpayment:$50,000
Monthly Payroll:$0
FF&E Asking Price:$110,000 (Included in Asking Price)
Inventory Asking Price:$2,000 (Included in Asking Price)
Financing Available?Yes

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2015
Year Acquired:2015
Full-Time Employees:4
Part-Time Employees:N/A
Reason For Sale:Retirement