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Popular Hamilton Euro Styled Cafe For Sale

Hamilton, Ontario
Asking Price:
$95,000 (CAD) Inventory / Stock included
Sales Revenue:
$156,890 (CAD)
Cash Flow:
$21,000 (CAD)

Cozy cafe nestled in the heart of downtown Hamilton’s International Village. Specializing in locally roasted, specialty coffee and warm, friendly community in a contemporary, Dutch and Euro-styled coffeehouse. Our product is primarily ethically sourced and locally roasted coffee. We offer a full menu of espresso-based hot and cold drinks, locally blended teas, and bottled cold beverages. We bring in coffee from local coffee roasters.
We also offer locally sourced baked goods and food items, including some specialty Dutch treats, quick and tasty breakfast options, as well as delicious sandwiches, homemade soups and salads as lunch options. We are proud to work with several local bakeries and retailers to source our products. We also have both gluten-free and vegan options with a strong vegan following.
Our cafe serves primarily the working crowd in the International Village and surrounding area as well as local residents, and is well-established with a good reputation. Excellent downtown location on King St East just west of Wellington, with a strong loyal following of regulars.
This business is ideal for a second income for the owner/operator, and is fully staff-run on weekends, with excellent and experienced part time staff who enjoy working as baristas.
With the addition of a small prep area either in the basement or in the back room, this business has a strong potential to sell more to go food, especially vegan-friendly and healthy food options, as there is little competition for this type of food in the area, and demand for healthy vegan food options is on the rise.

Property information

Real Estate:

Lease

Lease Terms:

2 years completed of a 5 year term; no associated fees

Leasehold Rent:

$12,120 (CAD) per annum

Location:

Located in Hamilton, a central street that runs through the downtown core.

Premises Details:

Euro/Dutch-styled café with a strong Hamilton influence evidenced by rich colours and textures similar to those common in Western Europe with an industrial, raw edge, a nod to Hamilton’s Steel Town roots. These elements combine to create a welcoming space open to community involvement, and an environment in which one can unwind, relax and engage.

Size in square feet:
approx 650

Business Operation

Expansion Potential:

This business has a good potential for expansion of the food preparation area in order to provide more healthy to go food options, as there is little competition in the area for this type of food. Expansion within the property could encompass installation of a food prep area in the basement, or alternatively, extension into the back room which is currently under used.

Competition / Market:

This area of Hamilton is undergoing revitalization. Two years ago there were only two other businesses selling specialty coffee in this area and now there are several more, so there is more competition for coffee sales. The upside of this is that it will bring more people into the area. There is also the potential for the expansion of healthy vegan and vegetarian take-out food. There are currently very few options in this area for healthy food and the demand is high from office workers in the area looking for healthy and budget-friendly lunch options.

Reasons for selling:

Retiring

Trading hours:

Summer hours:
8am - 4:30pm M-F
9am-4pm Sat
9am-3pm Sun

Regular hours:
8am-5pm M-F
9am-5pm Sat
10am-4pm Sun

Employees:
7
Years established:
5

Other Information

Support & training:

Full 2 weeks of on-site training will be provided. Assistance in transferring new owner information to current accounts will also be provided.

Furniture / Fixtures value:
$40,000 (CAD)
Inventory / Stock value:
$5,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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