Premium Cafe And Eatery In Historic Niagara Falls For Sale

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Property Information

Real Estate:

Lease

Lease Terms:

To be negotiated with Landord, per sq. ft is minus TMI.

Lease Rent:

$16 (CAD) per sq ft per annum

Location:

Situated in an enviable location, this upscale cafe and eatery is just a leisurely 3-minute walk away from the Niagara Go Station, which now offers the convenience of 5 daily train services. This proximity to the transportation hub not only enhances accessibility for both locals and tourists but also positions the cafe and eatery as a prime destination for commuters, day-trippers, and visitors exploring the vibrant city of Niagara Falls. Whether they're arriving from nearby cities or embarking on a scenic train journey, patrons can easily make their way to this charming establishment, immersing themselves in the delightful ambiance and savoring the culinary delights it has to offer. The cafe's close proximity to the Niagara Go Station serves as an additional asset, ensuring a steady flow of customers and further contributing to its success.

Premises Details:

In 1919, the Imperial Bank of Canada found its premises in the Elgin block, which was originally constructed in 1914 by the Imperial Order of Foresters. This building, located at an expense of $4000, served as a multi-purpose establishment. The upper floor was utilized by the Foresters lodge, while the lower level was rented out to various businesses. Some of these included Burley Brothers Men's Wear, J.H. Crang, and the Imperial Bank itself.

Over time, the building underwent transformations, and presently it is known as the home of the Queen Bean Cafe. The Elgin block, with its historical significance and diverse usage throughout the years, stands as a testament to the evolution of this location and the surrounding community.

Planning Consent:

Lease

Business Operation

Expansion Potential:

The Queen Bean Cafe possesses significant potential for expansion due to its proven business model and unique characteristics. The opportunity to franchise the cafe in various settings such as tourist areas, hospitals, or new communities is particularly promising.

One key factor that contributes to the cafe's expansion potential is the growing desire among people to support local businesses, especially those that exude a sense of community and authenticity. As the effects of the COVID-19 pandemic wane, communities are increasingly seeking opportunities to come together and support local mom and pop shops. The Queen Bean Cafe, with its warm and inviting atmosphere, can tap into this sentiment and serve as a focal point for community engagement and connection.

Moreover, the cafe's success in its current location within a tourist area showcases its adaptability to different environments. This makes it an ideal candidate for expansion into other popular tourist destinations where a demand for quality dining experiences exists.

In addition, hospitals and healthcare facilities often lack inviting and comforting spaces for patients, visitors, and healthcare professionals. By expanding the Queen Bean Cafe into these settings, it can provide a much-needed respite and a welcoming environment for all involved, creating a positive impact on the overall experience within healthcare settings.

Finally, new communities present excellent opportunities for establishing the Queen Bean Cafe as a community hub right from the start. By integrating into these developing neighborhoods, the cafe can contribute to the sense of belonging and create a gathering place for residents to connect, relax, and enjoy delicious food and beverages.

In summary, the Queen Bean Cafe's proven business model, combined with the prevailing desire to support local businesses and foster community engagement, positions it as an excellent candidate for expansion through franchising. Whether in tourist areas, hospitals, or new communities, the cafe has the potential to create successful and cherished establishments that resonate with customers seeking authentic experiences and a sense of community.

Competition / Market:

The Queen Bean Cafe stands out as a truly unique establishment, distinguished by its offerings and the absence of any direct competitors within a 20-mile radius. This exclusivity is a result of the cafe's exceptional features and the respite it offers from the bustling tourist area nearby.

One of the factors that contribute to the cafe's distinctiveness is its strategic location, surrounded by Airbnb accommodations. This proximity to lodging options attracts a diverse customer base, ranging from tourists seeking a cozy and convenient dining experience to locals in search of a tranquil spot away from the tourist crowds.

Additionally, the Queen Bean Cafe sets itself apart by being the only eatery open on Sundays. This attribute enhances its appeal to both visitors and residents who crave a delightful culinary experience on a day when most other establishments are closed. This unique offering positions the cafe as the go-to destination for a relaxing Sunday brunch, a leisurely afternoon coffee, or a delightful treat amidst the otherwise limited dining options in the area.

By providing an oasis of calm amidst the chaos, unique offerings, and being the sole eatery open on Sundays, the Queen Bean Cafe has carved a niche for itself, creating a loyal customer base and ensuring a memorable dining experience for all who seek its delightful ambiance and culinary delights

Reasons for selling:

The current owner of the Queen Bean Cafe has an interesting background as this establishment represents her second career. After a 30-year career with a prominent financial institution, she experienced burnout, depression, and anxiety, prompting her to make a significant change in her life. Recognizing the need for a fresh start, she decided to pursue a new path and purchased the cafe.

The decision to transition from the corporate world to owning a cafe was likely driven by a desire for a more fulfilling and personally rewarding endeavor. By embarking on this new venture, the current owner sought a different work environment, one that offered a sense of creativity, connection with people, and a more relaxed pace.

However, life has presented the current owner with some challenging events over the past year. These circumstances, along with her decision to retire and relocate, have led her to make the difficult choice to part ways with the cafe. While it may be bittersweet for her, it signifies a new chapter in her life and an opportunity for someone else to take the reins and continue the cafe's legacy.

The current owner's personal journey and experiences bring a unique perspective to the cafe's story. Her resilience and determination in overcoming burnout and embracing a new career path may serve as an inspiration to others. Her decision to retire and relocate reflects the importance of prioritizing personal well-being and making choices that align with one's long-term goals and happiness.

As the cafe prepares for a change in ownership, it marks the end of an era for the current owner, who has poured her passion and dedication into the establishment. The transition presents an exciting opportunity for a new owner to build upon the foundation laid by the current owner and continue to nurture the cafe's success.

Trading hours:

The Queen Bean Cafe's operational hours are currently focused on Thursday to Sunday, from 10 AM to 2 PM. However, the flexibility of the business model allows the current owner to expand the storefront hours during the busy summer tourist season. This adjustment enables the cafe to cater to the increased foot traffic and meet the demands of the peak tourist period.

Additionally, the business extends its services beyond the storefront by providing catering services throughout the week, from Monday to Sunday. This expansion into the catering realm allows the cafe to reach a broader customer base and tap into various events, gatherings, and corporate functions. By offering catering services, the Queen Bean Cafe not only generates additional revenue but also enhances its reputation and brand recognition within the local community.

This strategic approach of adapting storefront hours during the peak season and providing catering services throughout the week allows the Queen Bean Cafe to maximize its potential and cater to the diverse needs of its customers. It ensures that both locals and visitors can enjoy the cafe's offerings and services, whether they are looking for a cozy dining experience within the storefront or require catering for their special events.

Employees:

6

Years established:

2019

Other Information

Support & training:

The current owner of the Queen Bean Cafe is willing to support the transition process by staying on for a negotiated period of time. This gesture demonstrates their commitment to ensuring a smooth transfer of relationships, goodwill, and staff training to the new owner or management team.

During this transitional period, the current owner can play a vital role in maintaining and nurturing relationships with customers, suppliers, and other stakeholders. Their knowledge of the local community, customer preferences, and supplier networks can be invaluable in preserving the cafe's existing customer base and fostering a seamless transition.

Furthermore, the current owner's presence allows for effective staff training and knowledge transfer. They can provide guidance and mentorship to existing employees, ensuring that the cafe's unique culture, quality standards, and customer service continue uninterrupted. This hands-on approach helps to maintain consistency and minimize disruptions during the transition.

By offering their support and expertise, the current owner can contribute to the preservation of the cafe's reputation and goodwill. They can assist in building a positive rapport with customers and suppliers, ensuring a sense of continuity and instilling confidence in the new management team or owner.

Overall, the willingness of the current owner to stay on and assist with transitioning relationships, goodwill, and staff training represents a valuable asset during the transfer of ownership. It facilitates a smoother transition process and enhances the likelihood of the new owner's success in carrying forward the legacy of the Queen Bean Cafe.

Furniture / Fixtures value:

$10,000 (CAD) - included in the asking price

Inventory / Stock value:

$5,000 (CAD) - included in the asking price

Website:

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Relocatable:

This business can be relocated.