haho.ca
$399,900
For sale

##8 285 Lorne Avenue East, Stratford - Business for Sale

##8 285 Lorne Avenue East, Stratford, Ontario, N4Z1A2

Listed 29 days ago
Overview

This business in Stratford is for sale. It has been on the market 29 days, fresher than the Stratford average of 104 days.

Description

Exceptional opportunity to acquire To Bean or Not to Bean - Stratford Coffee Roasting Co., an established and profitable Stratford business operating since 2014. This is not a traditional coffee shop! This is a coffee roastery (with cups of coffee available for purchase). This locally owned business sources Fair Trade Organic green coffee beans from around the world and roasts them on-site to all different roasts levels to meet all different palate preferences. This business has developed multiple revenue streams through retail sales, commercial and wholesale accounts, customized blends, fundraising programs, markets, special orders and shipping. Coffee is roasted in small batches each week, supporting the company's well-established reputation for quality and freshness. The sale includes the recognized business name and goodwill, website and domain, social-media accounts, customer relationships, established products and roast profiles, along with the roasting, grinding, packaging, refrigeration and retail equipment required to continue operations. The business benefits from a loyal retail following and a diverse base of recurring commercial customers throughout Stratford, Kitchener-Waterloo, London and surrounding communities. Two trained part-time employees have indicated a willingness to remain, and the sellers are prepared to provide in-store and hands-on roasting training to help ensure a successful transition. The current operation provides considerable room for growth. Opportunities include expanding wholesale distribution, actively promoting the successful fundraising program, attending additional farmers' markets, adding espresso-based beverages and food products, opening additional days, developing wedding and corporate gift programs, and expanding online and green-bean sales. This is an opportunity to build upon an established local brand with proven products, strong margins and available production capacity. (id:66096)

Property Details

MLS®
X13866500
Property Type
Business
Business Type
Food Services and Beverage
Zoning
I2-6
Frontage
1 ft
Heating
Forced air, Natural gas
Cooling
None
Garage
Other
Property Tax
$1/yr
Listed
29 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
29d
Stratford listings, avg age
104d
List price
$400K

Extended: 29 days on market, against an average age of 104 days across the listings currently for sale in this city

Haho

This business in Stratford has been listed for 29 days, which is 75 days fresher than the city average of 104. Act while there is still low competition.

Listed by Sutton Group - First Choice Realty Ltd. · GARY VAN BAKEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4Z)

This home lists at $399,900, about 4.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$95,000
Population
2,362
Median age
40.8
Owner / renter
81% / 19%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA N4Z)

$399,900
For sale

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Financing

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$399,900

Stratford

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