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Listed by:

Push Tactical Group Inc.

Coffee And Tea KCup In Cobourg For Sale

Cobourg, Ontario, Canada
Asking Price:
$189,900 (CAD) Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Well established and highly reputable hot beverage, Cobourg, Northumberland County business in leased premises

Founded in December 2013 and being passionate about the retail environment,the company has created an exceptionally well-appointed environment and product display showroom for multiple brands of coffee, teas and other beverage supplies as well as coffee brewing equipment and a wide range of accessories to compliment the coffee and tea experience.

The current owners have done a great deal to update the business and have part time staff to assist in overseeing the daily operations. They are looking to pass the torch to a qualified candidate(s) to continue operating and further grow the business.

Clientele include local market residents for personal use/ consumption.

Well established B2C retail business and growing B2B business with many reputable area businesses as clients Significant growth opportunities via digital marketing and B2B expansion. Company has a B2B commercial supply arrangement with several local businesses by providing hot beverage supplies for their office use on a weekly or bi-weekly basis.

Customers attend the very well-appointed retail center located in an outdoor mall facing the main thoroughfare providing access to Highway 401.

Daily traffic count and visibility is exceptional and high.

Furniture fixtures and Equipment (FF&E) are in excellent working condition.

General day-to-day operations at the store are managed by the owners and the part-time staff, giving the owners the opportunity to focus on business development, company oversight, and high-level decision making for continued growth.

It has an established, and growing reputation with a Google review of 4.9/5. They are known for fast, friendly, and efficient customer service.

The owners have continued to strengthen the relationship between the store and its surrounding local community and charities. Each member takes pride in their involvement, which has further increased brand awareness and support within the regional markets.

Currently there is one location serving almost 4000 active clients. New client acquisition is growing at a rate of approximately 12% annually. No one client represents a significant concentration.

Property Information

Real Estate:

Lease

Location:

Cobourg

Premises Details:

Existing lease to DEC 31 2029 option to renew for an additional 5 years

Size in square feet:
1,952

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

B2B, deliveries

Reasons for selling:

Retirement

Trading hours:

Flexible

Employees:
4
Years established:
2013

Other Information

Support & training:

Owner training provided

Relocatable:
This business can be relocated