ON > Blue Mountains
Blue Mountains, ON N0H 2P0,39 Bruce ST S
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Blue Mountains, ON N0H 2P0,39 Bruce ST S
Blue Mountains, ON N0H 2P0,39 Bruce ST S
Blue Mountains, ON N0H 2P0,39 Bruce ST S
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,695,000
Est. payment /mo
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39 Bruce ST S Blue Mountains, ON N0H 2P0

790 SqFt

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

Others

Security Features No

Listed by Chestnut Park Real Estate
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39 Bruce ST S