39 Bruce Street South, Blue Mountains | Image 1

39 Bruce Street South

Blue Mountains, Thornbury

  • Commercial

$1,695,000
For Sale

Added 4 hours ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: C1

  • Age: No Data

  • Taxes: 4424.26

  • MLS®#: X11898033

  • Added: Dec 20, 2024 (4 hours ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: Chestnut Park Real Estate

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.

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Blue Mountains

  • Community: Thornbury

  • Availability Date: Flexible

  • Assessment Amount: $189,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Volts: 120

  • Amps: 200

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 66 RCP 1023 ; S/T R540692; THE BLUE MOUNTAINS

  • Taxes: $4,424

  • Taxes Type: Annual

Land

  • Cross Street: Heading West on HWY

  • Municipality District: Blue Mountains

  • Parcel Number: 371400147

  • Sewer: San+Storm

  • Lot Depth: 132 Feet

  • Lot Frontage: 21.15 Feet

  • Zoning: C1

Commercial Specific

  • Number of Employees: 2

  • Rail: N

  • Retail Area: 790

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 790

  • Total Area Metric: Sq Ft

  • Hours Open: 8am-5pm

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Seats: 20

  • Business/Building Name: ASHANTI COFFEE ENTERPRISES INC.

  • Financial Statement: Y

  • LLBO: N

Map of 39 Bruce Street South, Blue Mountains
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