Proven Concept Café In Niagara Falls For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Lease is up for renewal. TMI is included in 2600 a month rent.

Lease Rent:

$16 (CAD)
per sq ft per annum

Location:

This café is near from the metrolinx and downtown bus station. Currently situated next to the new Niagara Falls University that will hold 10,000 students. Land has been sold 2 blocks away to build housing.

Premises Details:

Premise is a prime corner location that takes in lots of walking traffic.

Business Operation

Expansion Potential:

This is a proven concept. Opened in 2019, and shut down due to covid in March 2020. The business has proven the sales are there. Expansion potential would be a second location or a franchise. You can put this concept in any tourist area and it would be welcomed.

Competition / Market:

There are three “coffee shops” on the street. This cafe does not brand itself as a coffee shop and targets higher end clientele. There is no direct competition within a 20 mile radius.

Reasons for selling:

Retirement, health reasons

Trading hours:

7 days a week.

Employees:

6

Years established:

2019

Other Information

Support & training:

can be arranged

Furniture / Fixtures value:

$10,000 (CAD)

Inventory / Stock value:

$20,000 (CAD)
– included in the asking price

Relocatable:

This business can be relocated.