Second Cup-Sheppard and Yonge Mall

CAD $

399000

Second Cup Coffee Co., also known as Second Cup CAFÉ & Cie, is a Canadian coffee retailer and roaster which operates more than 250 cafes nationwide.Its stores sell hot and cold beverages, pastries, snacks, pre-packaged food items, hot and cold sandwiches, and drinkware, including mugs and tumblers. It partners with local best in class bakeries and food suppliers across the country to provide premium quality food made fresh locally and delivered fresh to cafes.

Details

 

The store has been established for over 30 years, but the current owner has owned it since 2013.

Lease Term: Till Feb, 2027 (10 years)

Revenue: $596,162

Wage Expense: $121,000(2019)

Rent & Utility: $7,329.72/month+HST

Food Cost: 30~32%

Numbers of Employees: 6 (2 fulltime+4 part-time)

Operation Hours: Monday—Friday 6AM - 7PM,      Saturday 9AM - 5PM

Space: 209 Sq Ft