$149,000
For sale: Other

Exceptional opportunity to acquire an established Coffee Time business in Concord. This turnkey coffee shop has built a loyal customer base. The shop is open 6 AM to 5 PM in weekdays only. Another coffee shop (a competitor) closed the nearby location and customer are asking for extended hours. Great opportunity to increase sales by extending the hours. Fully equipped and ready for a seamless transition to new ownership as the owner is retiring. Ideal for entrepreneurs looking to step into a recognizable brand. Unit is 2000 sqft. Gross rent of $4796.43 (Including HST + TMI). Lease until 2028 Plus Extendable 5 Year Options. Includes liquor license, and OLG Lottery.
Sold data
Homes in Vaughan (Concord) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 761 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $1,100,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 761 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Vaughan (Concord) has 91 Fraser Institute–rated schools (76 elementary and 15 secondary), averaging 7.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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