One of downtown Victoria’s most popular locally-owned coffee shops can be yours for $499,000.

 

The original location of Macchiato Caffe & Paninoteca, situated in the Yarrow Building along the 1000-block of Broad Street at Broughton Street, is described as one of Victoria’s “must stop eateries” with its offerings of “Italian-style” beverages and “European-inspired” sandwiches, salads, pastries and soups.

 

The café’s income stream, according to its listing, offers a turn-key investment opportunity with appeal to both owner-operators and investors searching for an established business with a local following spanning 12-plus years.

 

Brothers Massimo and Maurizio Segato, who co-own Blanshard Street’s Italian Food Imports – an Italian delicatessen and sandwich shop that is a stalwart among Vancouver Island’s top delis – are themselves co-owners of the two location-strong Macchiato chain (the second location is situated on Johnson Street at Blanshard Street in the Juliet condominium tower). The two Macchiato cafés are a partnership between the Segato brothers and Sean Sloat who is a fixture of the Johnson Street location. C

 

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