Very nice specialized café of an independent franchise with quality food. North Shore of Montreal, storefront, main blvd. Neat decor and warm atmosphere. Experienced, stable and autonomous team to manage all operations. This business is as much perfect for an investor as an operator. 100% turnkey!
It's just as fun to work there The stable and dedicated team of employees welcomes its customers with passion and is fully autonomous to manage all operations.
This business is therefore just as perfect for an investor as an operator.
Type of business: Coffee
Type of property: Business
Activity sector: Fast food, coffee
Reason for sale: New projects
Equipment list available: Yes
In operation since: 2013
Development stage: Growth
Specifics of the company: Franchise with more than 35 years of experience in quality and freshness, excellent reputation and reputation with a loyal clientele, management independence.
Deadline: 07-2023 Royalties: 4% Advertising: 0%
Franchise renewal option: Yes Number of years: 2 x 5 years
Conditions: Acceptance of the franchisor
Transmission conditions: Maximum $ 10,000
The owners do not work in their business
Management team: 1 manager
Number of employees: 3 full time including the manager and 2 part time
Good stable and well experienced team
Developing market. Quebec is the province with the greatest increase in coffee
consumption in the country. The growing coffee habits and knowledge of customers push bistro cafes to offer more specialized and higher quality products. Quebecers increasingly flavour independents and local chains.
Clientele: Diverse clientele, including business clients, residents, men and women aged 30 to 55 and passers by thanks to a large number of cars, around 30,000 vehicles per day
Description of competition: No direct competition within 2 km
Financial situation and forecasts: Very good
Market Opportunity: New shopping habits, especially online and catering and delivery are opportunities to be exploited for the growth of profits for this business.
Annual income: $ 405,869
Gross profit: $ 264,283 (65%) Year
end date: March 31
Energy (annual), Electricity: $ 11,703
Profit before taxes (EBITDA): $ 50,000 on average
Profit before salaries and shareholder benefits: $ 65,000
Year Built: 2013
Area: 1,800 pc
Monthly rent: $ 3,000 Net + $ 854 in business taxes and fees
Base rent / pc: $ 20, CAM / pc: $ 5
End of lease: July 2023
Included in the Rent: Snow removal / Emptying / Municipal tax
Lease renewal option: 2 x 5 years
Number of outdoor parking spaces: + 80 spaces
Style: Corner room, with gable on street and several traffic generators
First refusal clause: Franchisor
Proximity to: shopping area
Interior spaces: 50
Outdoor seats: 14
Alcohol permit: no
Monday: 6:30 a.m. to 6:00 p.m.
Tuesday: 6:30 a.m. to 9:00 p.m.
Wednesday: 6:30 a.m. to 9:00 p.m.
Thursday: 6:30 a.m. to 10:00 p.m.
Friday: 6:30 a.m. to 10:00 p.m.
Saturday: 8:00 a.m. to 6:00 p.m.,
Sunday: 8:00 a.m. to 6:00 p.m.
Inclusions: 1 the franchise contract to be transferred; 2 the traffic; 3 all rights and privileges related to the identification of the company (telephone number, signs, advertising, etc.); 4 all movable property, appliances and equipment used for the operation of the business.
Exclusions: 1 accounts receivable; 2 accounts payable and debts; 3 bank accounts; 4 the shares of the company; 5 all stocks of merchandise in addition, approximately $ 15,000
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