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Listed by:

Sage Executive Group Real Estate

Established Coffee Shop In Downtown Kelowna For Sale

Kelowna, British Columbia, Canada
Asking Price:
$325,000 (CAD) Inventory / Stock included
Sales Revenue:
$680,000 (CAD)
Cash Flow:
$110,000 (CAD)

This coffee shop is a popular destination for coffee and gelato lovers in Kelowna. They offer a welcoming European atmosphere and a spacious patio. This cozy and inviting coffee shop offers a unique and memorable experience to its customers.

You will explore the ambiance of the coffee shop, the menu options available, and the overall experience of visiting this charming establishment. It is renowned for its high-quality fair-trade Organic Arabica coffee and authentic European taste.

The coffee shop has established wholesale contracts with nearby businesses, supplying them with high-quality coffee products. A third party roasts their proprietary blend of coffee beans and roast to their specifications.

Property Information

Real Estate:

Lease

Lease Terms:

Escalating 5-year term until April 30 2027

Leasehold Rent:

$56,191 (CAD) per annum

Location:

Prime location with high foot traffic, attracting regular customers and tourists. Proximity to lake and event centers. Desirable patio and appealing aesthetic create a welcoming atmosphere.

Premises Details:

underwent a complete aesthetic remodeling in 2020 and 2021, transforming its space into an appealing and visually captivating environment. The redesigned interior reflects a modern and inviting atmosphere, enhancing the overall customer experience.

Size in square feet:
1,163

Business Operation

Expansion Potential:

Actively exploring the potential of hosting events, and the first event is scheduled for this summer. By obtaining an event liquor license, they aim to create a unique experience for customers and generate additional revenue. Branding and trademark in place for setting up Franchise.

Competition / Market:

Other coffee shops in Downtown

Reasons for selling:

Involved in other business opportunities.

Trading hours:

Monday through Thursday 7:00 am – 5:00 pm; Friday & Saturday 7:00 am – 10:00 pm; Sunday 7:00 am – 8:00 pm

Employees:
6-12
Years established:
13

Other Information

Support & training:

Owner willing to provide training. Negotiable based on Buyers needs.

Furniture / Fixtures value:
$48,100 (CAD)
Related Documents:
Relocatable:
This business can be relocated.