R E S I D E N T I A L C O M M E R C I A L D E V E L O P M E N T WWW.DOYLETEAM.CA B U S I N E S S F O R S A L E B R O W N D O G C A F E L I S T I N G P A C K A G E 9 0 5. 5 3 8. 6 5 4 1 d e r e k d o y l e @ a m b i t i o u s r e a l t y. c a
BUSINESS DETAILS Local, independently owned, anchor coffee shop for sale! Established in 2013, Brown Dog Cafe has served the Locke Street and Hamilton communities for nearly 5 years by serving "in-house roasted coffee, delicious food including fresh apple fritters, all served in a warm and relaxing atmosphere." Housed within a former church, Brown Dog Cafe retains the building's cathedral ceiling, hardwood floors, and warm-but-open setting. If ever you were looking to get your start on Locke Street but never had the opportunity, now's your chance! PROPERTY DETAILS LEASE TERMS 4 year lease with 5-year renewal option Monthly Rent: $6,078 + HST or $20/SF Estimated TMI = $2,129.17 per month or approx. $7/SF (both + HST) ALL EQUIPMENT IS INCLUDED, MINUS CASH REGISTERS CAPA - 58 SEATS LIQUOR LICENSE INCLUDED 2 PARKING SPOTS 3,650 SQUARE FEET FINANCIAL INFORMATION - September 2016 to September 2017 GROSS INCOME - 2016 Approximately $630,168 per annum or $52,514 per month Additional $1,983.23 per month from Skip the Dishes (after fees) NET INCOME - 2016 $99,968.68 Annual Net Income, or $8,330.72 monthly, after all expenses EXPENSES Rent = $6861.22 per mo. or $82,334.62 per year, incl. HST TMI = $4.65/psf + HST = $1,598.24 per mo. or $19,178.92 per year $400 weekly operator salary; $20,800 per year or approx. $1,733.33 per mo. Approx. $35,000 per month in remaining expenses (COGS, Payroll (Approx $12,000 per mo.), Utilities, etc.)
BUSINESS DETAILS, cont'd AVERAGE CHEQUES - 2016-2017 September 2016 $7.63 October 2016 $7.39 November 2016 $7.34 December 2016 $8.01 January 2017 $7.61 February 2017 $7.51 March 2017 $7.46 April 2017 $7.52 May 2017 $7.83 June 2017 $7.98 July 2017 $7.92 August 2017 $7.93 September 2017 $8.04 CHATTELS & EQUIPMENT CHATTELS: Valued at approx. $53,000+ POS System $17,000 Dough Mixer $2,000 Meat Slicer $800 2 Soup Kettles $200 each 2 Vitamix Blenders $1,500 each Ice Maker $3,000 2 Chest Freezers $500 each Induction Burner $150 Stick Blender $150 2 Panini grills (small) $500 each Panini grill (large) $750 Oven $1,200 Prep Sandwich fridge $2,500 3 Door Large Fridge $3,500 Milk Fridge $2,000 Display Case Front $1,500 Espresso Machine $5,000+ Espresso Grinder $800 Bunn Grinder (single grinder) $780 Double Bunn Coffee Maker $1,600 Double Bunn Coffee Grinder $1,300 Display Case (large) $500 Fryer $800+ Prep Kitchen fridge (under counter fridge) $2,100 6 Coffee Urns $39.99 Each
BUSINESS DETAILS, cont'd
NEIGHBOURHOOD STATS The following demographic data is based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200-400 households and is often referred to as a small neighbourhood. Data has been provided by a 3rd party supplier based on data from Statistics Canada. HOUSEHOLD SIZES: 2.04 MEDIAN AGE: 37.60 AVERAGE HOUSEHOLD INCOME: $80,281 TRANSIT SCORE: 71 WALK SCORE: 94 POPULATION SIZE: 452 NEARBY PLACES OF INTEREST LOCKE STREET COMMERCIAL DISTRICT MULTIPLE SCHOOLS, CHURCHES, AND PARKS MULTIPLE LARGE-SCALE RESIDENTIAL DEVELOPMENTS MCMASTER UNIVERSITY 403 ACCESS HAMILTON DOWNTOWN CORE NEARBY PROJECTS RESIDENTS AT ROYAL CONNAUGHT 101 LOCKE CONDOMINIUMS GATSBY AT SQUARE CONDOMINIUMS LIGHT RAIL TRANSIT TELEVISION CONDOMINIUMS 600+ RESIDENTIAL UNITS
WHY HAMILTON? IS: Surrounded by spectacular nature and lush trails on the Niagara Escarpment. With conservations, recreation lands, and waterfalls, this is the perfect outdoor destination for hikers, boaters, and adventurers. It also houses the UNESCO World biosphere reserve. On the southern shores of Lake Ontario, providing stunning views and waters. A city with an eclectic urban feel and a vibrant arts and culture community. Engaged in integrating the diverse range of University and College life throughout the city. Full of beautiful and historical architectural structures scattered throughout the city, emphasizing our deep roots and our proud history. Home to many award-winning restaurants, chefs, and shops. The country's most popular travel destination. It's located less than an hour from Toronto and Niagara Falls. Packed with a lively city core with frequent outstanding and bustling festivals, events, and entertainment. You'll never be bored here.
FOR MORE INFORMATION CALL 9 0 5. 5 3 8. 6 5 4 1 DEREK DOYLE BROKER DEREKDOYLE@REALTY.CA
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