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Halifax Nova Scotia Cafe For Sale

Halifax, Nova Scotia, Canada
Asking Price:
$650,000 (CAD)
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$224,000 (CAD)

This busy Cafe/Coffee Shop is situated in the downtown district of Halifax, Nova Scotia. The business serves freshly brewed coffee, freshly ground from a proprietary mix of locally roasted beans. That's not all! The business serves a wide variety of specialty drinks, flavoured coffees, smoothies, soft drinks as well as a varied assortment of home-made pastries including their famous cinnamon rolls, delicious scones and lunches of healthy and delicious home-made soups and sandwiches.

This well established independent family business has been operating by the same management for the past 20 years in the same downtown busy location. It is a top-rated coffee shop in Halifax on Trip Advisor with a rating of 4.5 stars nearing 400 reviews and also the highest-rated coffee shop on Google Reviews and Yelp.

The owners and staff of the business have steadily managed to build a strong brand identity through its quality products and customer service, coupled with loyal regular customers and tourists discovering it as an Instagram-able gem.

Property Information

Real Estate:

Lease

Lease Terms:

Upon Request

Leasehold Rent:

$39,650 (CAD) per annum

Location:

Halifax, Nova Scotia

Premises Details:

The owners of the business created a relaxing serene cottage style oasis, expertly blending decor with the beauty of nature all around.

Size in square feet:
1525 Sq. Ft.

Business Operation

Expansion Potential:

There is huge potential in growing the business by a new owner(s) through acquiring an alcohol license to serve beer, wine and spirits. Expanding the hours of operation by four hours per night until 10 pm. The city of Halifax is expanding via the development of new condos and apartments. A number of new units will be opening up in 2022 that are close by this beautiful and bustling Cafe'.

Competition / Market:

Yes

Reasons for selling:

Retirement

Trading hours:

Mon - Fri: 7am to 5pm
Sat - 8am to 4pm
Sun - 8am to 4pm

Employees:
13
Years established:
2002

Other Information

Support & training:

Yes

Contact Muise Mergers & Acquisitions Inc

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