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  • 1824 Store Street, Victoria, BC, V8T 4R4
  • (250) 812-0089
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Popular, Delightful Coffee Shop

By Keith MacKenzie 

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Asking Price
$199,000 The total asking price of the business for sale.
SDE
$134,343Seller's Discretionary Earnings (SDE) is a metric for determining the historical cash flow of a business. It is a recasting process that starts with the net profit of a business, from either the business tax return or the year-end income statement.

EBITDA
Industry

$49,498
Restaurant and Food

Gross Revenue
Location

$530,664
South Vancouver Island

Business Description

Coffee shops are not created equal. The formula is simple enough, serve tasty treats and light meals to go along with outstanding coffee. Yet, so many try and so few succeed in getting that formula right. How do you know when it’s right? It’s right when your business keeps bringing the people back; month over month, year over year.

It’s not complicated, but it is good. The owners are now enticed with their success and want to move on and try an entirely new concept in a completely different location. This creates the opportunity for you to step in, take over and enjoy the fruits of owning a beloved coffee hot spot in a growing and appreciative community.

Quality coffee shop opportunities like this don’t come around very often. Inquire today to make sure you don’t miss out.

Detailed Information
Internal ID
592

Number of Employees
4

Year Established
2013

FF&E
N/A

Inventory
N/A

Additional Information
Reason for Selling

Pursing other interests.

Facilities & Assets

This business is conveniently located in the highly trafficked Greater Victoria community. The café has watched as the neighbourhood has grown with a new 500 unit living space across the street, new schools, and countless other businesses while they have remained a staple within the area.

The business is situated along one of the busiest parts of Greater Victoria, just minutes from the beach. The cafe consists of 50% of the space designated for seating areas, the other 50% is the kitchen, prep areas, and washrooms. There are 30 + comfortable seats inside for working, studying, or gathering with friends, and additionally 12 outside seats in the spring/summer months. The staff and guests of the café have access to plenty of parking stalls in front and alongside the building, as well as bike racks.

The facility is 1,326 sq ft of leased space in a busy building.The current lease is $3,712.87 per month, on a 10-year term, which expires in October of 2025 and there is no renewal agreement in place at this time.

Growth & Expansion

Customer Concentration:  Locals and university students.

Marketing Initiatives: Word-of-Mouth - Due to their outstanding reputation in the community, they have relied heavily on word-of-mouth.

With the reputation of this business, there is little need for marketing initiatives.

They currently hold an average 4.9 star rating across Google and Facebook with over 400 reviews.

Growth Potential:

  • Add additional social media outlets
  • Paid advertisement in local newspapers or media
  • Add event nights to attract a later crowd with a liquor license

Listing Agent
Keith MacKenzie
More Information »

Contact Listing Agent


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Email Opportunity

Asking Price
$199,000
SDE
$134,343

EBITDA
Industry

$49,498
Restaurant and Food

Gross Rev.
Location

$530,664
South Vancouver Island

Business Description

Coffee shops are not created equal. The formula is simple enough, serve tasty treats and light meals to go along with outstanding coffee. Yet, so many try and so few succeed in getting that formula right. How do you know when it’s right? It’s right when your business keeps bringing the people back; month over month, year over year.

It’s not complicated, but it is good. The owners are now enticed with their success and want to move on and try an entirely new concept in a completely different location. This creates the opportunity for you to step in, take over and enjoy the fruits of owning a beloved coffee hot spot in a growing and appreciative community.

Quality coffee shop opportunities like this don’t come around very often. Inquire today to make sure you don’t miss out.

Detailed Information
Internal ID: 592

Number of Employees: 4

Year Established: 2013

FF&E: N/A

Inventory: N/A

Additional Information
Reason for Selling

Pursing other interests.

Facilities & Assets

This business is conveniently located in the highly trafficked Greater Victoria community. The café has watched as the neighbourhood has grown with a new 500 unit living space across the street, new schools, and countless other businesses while they have remained a staple within the area.

The business is situated along one of the busiest parts of Greater Victoria, just minutes from the beach. The cafe consists of 50% of the space designated for seating areas, the other 50% is the kitchen, prep areas, and washrooms. There are 30 + comfortable seats inside for working, studying, or gathering with friends, and additionally 12 outside seats in the spring/summer months. The staff and guests of the café have access to plenty of parking stalls in front and alongside the building, as well as bike racks.

The facility is 1,326 sq ft of leased space in a busy building.The current lease is $3,712.87 per month, on a 10-year term, which expires in October of 2025 and there is no renewal agreement in place at this time.

Growth & Expansion

Customer Concentration:  Locals and university students.

Marketing Initiatives: Word-of-Mouth - Due to their outstanding reputation in the community, they have relied heavily on word-of-mouth.

With the reputation of this business, there is little need for marketing initiatives.

They currently hold an average 4.9 star rating across Google and Facebook with over 400 reviews.

Growth Potential:

  • Add additional social media outlets
  • Paid advertisement in local newspapers or media
  • Add event nights to attract a later crowd with a liquor license


Listing Agent
Keith MacKenzie
More Information »

Contact Listing Agent


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  • This field is for validation purposes and should be left unchanged.

Sprint Business Brokers
1824 Store Street, Victoria, BC, V8T 4R4
Phone: (250) 812-0089, Email: info@sprintbusinessbrokers.com

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Popular, Delightful Coffee Shop
https://sprintbusinessbrokers.com/listing/popular-delightful-coffee-shop/
Asking Price
$199,000
SDE
$134,343

EBITDA
Industry

$49,498
Restaurant and Food

Gross Revenue
Location

$530,664
South Vancouver Island

Business Description

Coffee shops are not created equal. The formula is simple enough, serve tasty treats and light meals to go along with outstanding coffee. Yet, so many try and so few succeed in getting that formula right. How do you know when it’s right? It’s right when your business keeps bringing the people back; month over month, year over year.

It’s not complicated, but it is good. The owners are now enticed with their success and want to move on and try an entirely new concept in a completely different location. This creates the opportunity for you to step in, take over and enjoy the fruits of owning a beloved coffee hot spot in a growing and appreciative community.

Quality coffee shop opportunities like this don’t come around very often. Inquire today to make sure you don’t miss out.

Detailed Information
Internal ID
592

Number of Employees
4

Year Established
2013

FF&E
N/A

Inventory
N/A

Additional Information
Reason for Selling

Pursing other interests.

Facilities & Assets

This business is conveniently located in the highly trafficked Greater Victoria community. The café has watched as the neighbourhood has grown with a new 500 unit living space across the street, new schools, and countless other businesses while they have remained a staple within the area.

The business is situated along one of the busiest parts of Greater Victoria, just minutes from the beach. The cafe consists of 50% of the space designated for seating areas, the other 50% is the kitchen, prep areas, and washrooms. There are 30 + comfortable seats inside for working, studying, or gathering with friends, and additionally 12 outside seats in the spring/summer months. The staff and guests of the café have access to plenty of parking stalls in front and alongside the building, as well as bike racks.

The facility is 1,326 sq ft of leased space in a busy building.The current lease is $3,712.87 per month, on a 10-year term, which expires in October of 2025 and there is no renewal agreement in place at this time.

Growth & Expansion

Customer Concentration:  Locals and university students.

Marketing Initiatives: Word-of-Mouth - Due to their outstanding reputation in the community, they have relied heavily on word-of-mouth.

With the reputation of this business, there is little need for marketing initiatives.

They currently hold an average 4.9 star rating across Google and Facebook with over 400 reviews.

Growth Potential:

  • Add additional social media outlets
  • Paid advertisement in local newspapers or media
  • Add event nights to attract a later crowd with a liquor license


Listing Agent
Keith MacKenzie
More Information »



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(250) 812-0089
info@sprintbusinessbrokers.com
1824 Store Street, Victoria, BC, V8T 4R4

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