For Sale

In House Coffee Roaster Cafe
Retail, Wholesale and Coffee House
with e-commerce website

521 9th Ave North Golden BC
Approximately 2½ hours west of Calgary, Alberta

Golden, British Columbia
"Kicking Horse Country"

$175,000

Wholesale value of inventory: $28,000
Fair market value of equipment:
(estimated cost to replace new $50,000
$34,425
Value of leasehold improvements: $8,000
3x Normalized net earnings:
(Normalized net earnings: $67,000; Gross sales: $195,309)
$201,000
Value of patents, proprietary processes or other intangible assets:
(Training for roasting and the proprietary process. Wholesale clients included.)
$25,000
Total estimated value of this business opportunity: $296,000
Asking price: $175,000
  • inventory at cost:
    • approximately $28,000 on hand year round
  • leased location:
    • yearly renewal
    • approximately 1,000 ft² retail and 400 ft² storage in basement
    • lots of parking in front and at rear of business
    • conveniently located in the down town business district
    • neighbours include a hair salon and upstairs offices
    • carpeted floors
    • air conditioned
  • in house roaster cafe
  • Bean Bag Coffee Roasters has been in business since 1997, starting as a small home based roasting company and expanding to a large retail store front.
  • Gross Sales for 2006: $191,069
  • Member of the Chamber of Commerce

EQUIPMENT:

Condition of Assets:  N= New E=Excellent G= Good F= Fair
Major Assets Purchase Date Purchase Price Market Value
Roaster October 1999 (installed) $12,000 $5,800 G
Espresso Machine May 2006 $6,500 (installed) $7,000 N
Coffee Brewers August 2001/2002 2 @ $500 $700 G
Ski Hill Equipment December 2003 $3,311 $2,800 E
Grocery Grinder August 2001 $725 $650 G
Espresso Grinder August 2001 $600 $450 G
Portion Grinder February 2003 $1,100 $950 E
Dipping Cabinet June 2002 $2,400 $1800 E
Cabinet Cooler November 2002 $500 $450 F
Fridges x 3 November 2002 $500 (all) $350 G
Computers February 2004 $3,800 $2000 E
Printer September 2001 $350 $200 E
Blenders x 2 May 2002/2003 2 @ $800 $1200 E

$34,386

$24,350  

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ABOUT THE COMMUNITY:

AMENITIES IN GOLDEN:
fitness centre
golf course
pool
spa/jacuzzi
sports complex
tennis courts
bike paths

boating
courtyard
playground/park
clubhouse
public transportation
near lakes
near rivers
near mountains

For more information please contact:

Heather Whittaker
Box 2111, Golden BC  V0A 1H0

8 info@beanbagcoffee.ca



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This Page Last Revised
 June 17, 2007

Email: Eric Jordan
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