$ 198,000* BLENZ COFFEE –
Blenz Coffee Shop
This is a turn-key business for an owner who works only 2-3 hours per day.
Well trained staff can manage the business on their own. Royalty 8% and advertising 2% of the net sales.
New owner must be financially qualified and Franchise training is required.
PLEASE RESPECT THE SELLER, NO DIRECTLY APPROACH PLEASE!
YEARS IN BUSINESS 6 year(s)
FLOOR AREA 850 sq ft.
EMPLOYEES Fulltime: two Part time: two
LEASE TERM 2014 + 5 + 5 yrs option
ASKING PRICE $ 198,000
BUSINESS HOURS Daily 0700 to 2200hr
YEARLY OPERATING COSTS
Gross Rent: $ 45,639
Employee Wages: $ 74,105
Hydro: $ 4,750
Insurance: $ 1,969
Phone Interac: $ 1,709
Others: $ 55,000 (royalty, Ad and other expenses)
YEARLY EXPENSES $ 183,166
YEARLY NET INCOME $55k-60k for the owner