Modern Turnkey Café Hightraffic Retail Corridor For Sale

Description

Business type: café and food service business

Location: Edmonton, Alberta

Current status: fully operational

Operating setup: turnkey

Premises size: approximately 1,000 sq. ft.

Asking price: $209,000 USD

Immediate possession: available

Financial information

Financial basis: projected Year 1

Projected gross revenue: $518,000 USD

Projected net income before tax: $165,760 USD

Projected COGS: $165,760 USD

Projected COGS percentage: 32%

Projected annual rent: approximately $36,674 USD

Projected other operating expenses: approximately $186,480 USD

Detailed financial information: available upon request

Lease

Remaining lease term: approximately 8 years

Monthly lease cost: approximately $4,130 CAD

Base rent: included in stated monthly lease cost

CAM: included in stated monthly lease cost

Premises

Retail corridor: stated as desirable

Pedestrian traffic: stated as high

Street visibility: stated as strong

Fitness facility: adjacent

Interior buildout: modern

Buildout quality: stated as high

Prep kitchen: fully equipped

Hood fan requirement: none stated

Assets included

Equipment replacement value: approximately $84,000 CAD

• La Marzocco GS3 espresso machine
• Vitamix blending station
• TouchBistro POS system
• Refrigeration units
• Display cases
• Furniture
• Signage

Staff and operations

Trained employees: 3 to 4

Staffing: in place

Operational infrastructure: established

Local farmers market presence: established

Farmers market activity: summer season

Financing

Seller financing: may be available

Creative financing options: may be available

Financing availability: qualified purchasers only

Potential buyers

• Owner-operators
• Café operators
• Health-focused café or smoothie operators
• Quick-service restaurant entrepreneurs
• Food and beverage investors

Buyer requirements

Non-disclosure agreement: required

Exact business location: disclosed after signed NDA

Buyer enquiries: serious inquiries only

Transaction details

Offers: reviewed as received