4
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$1,695,000
Est. payment /mo
790 SqFt
New
39 Bruce ST S Blue Mountains, ON N0H 2P0
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UPDATED:
12/20/2024 03:15 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 790 sqft
Price per Sqft $2,145
MLS Listing ID X11898033
Annual Tax Amount $4,424
Tax Year 2024
Property Description
This is an exciting opportunity to purchase an established boutique Coffee business that has been operating for over 18 years. This offering includes the retail building at 39 Bruce Street S, Thornbury, Ontario and the corporation Ashanti Coffee Enterprises Inc. This includes all rights and privileges of the company including any trademarks, copyright and branding of the corporation. Also included is the turn-key roasting plant with equipment valued at approximately $300,000. The roasting plant has a capacity of a million pounds of coffee annually, with an exclusive contract from a supplier in Africa, providing a high quality and unique coffee bean product. This also includes province-wide distribution contracts to major grocery chains and independent retail outlets. Some wholesale contracts are part of the business as well. The present owner will provide sufficient training for a new owner to carry on the business, including training in the specialty of roasting beans to produce the highest quality coffee product possible. Also included are several current franchise affiliations that provide additional brand awareness and income. The building at 39 Bruce Street S, Thornbury is an attractive building, providing the home to the original ASHANTI franchise. Located in the heart of the main core of trendy Thornbury this building could lend itself to further development with additional upper floors for commercial space or residential units. A study is provided in the document section which details the proposed additions. The current Ashanti franchise at this location is not included in this offering, but provides an excellent tenant for the buyer with a long established tenancy with the owner of the building. This is an opportunity for huge growth with the right purchaser. If this is something that you have experience in and or believe it is for you, call for further details and discussion.
Location
Province ON
County Grey County
Community Thornbury
Area Grey County
Region Thornbury
City Region Thornbury
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 132.0
Others
Security Features No
Listed by Chestnut Park Real Estate
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