This well-established cafe is now available for sale, offering a strong customer base and excellent revenue potential. Its vibrant atmosphere and established presence make it an excellent opportunity for an entrepreneur or investor looking to step into a thriving business. The spacious seating area accommodates up to 150 guests, providing ample room to enjoy the diverse menu. The inviting decor makes it a great place for groups to gather and unwind. Operating daily from 10 AM to 10 PM, this business has built a solid reputation for high-quality coffee, specialty desserts, and a selection of small, flavourful dishes. The monthly lease obligation, including rent, common area maintenance, and property tax, totals $17,880.90. Over the past ten months, the cafe has achieved a total revenue of $1 million, with the highest month reaching almost $160,000. The business is fully equipped for seamless operation, including a coffee machine, two waffle machines, a refrigerator, one large and one small dough mixer, a cold brew machine, a Clover POS system, and a full commercial kitchen system. Additionally, a cotton candy machine and a dough mixer have been recently purchased to enhance its offerings. Some equipment and chattels remain under the landlord's ownership and are not included in the sale price. This turnkey opportunity provides a well-established business ready for a new owner. With a loyal customer base and strong revenue potential, this cafe presents an excellent investment for anyone looking to enter or expand in the food and beverage industry. For further details or to schedule a viewing, please contact us today.
Address
273 10 Street NW
List Price
$350,000
Lease Price
35.00
Lease Unit
Sqft.
Lease Term
Annually
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary CC
Sub-Area
Hillhurst
Year Built
2016
MLS® Number
A2196318
Listing Brokerage
Royal LePage Solutions
Postal Code
T2N 1V5