Summary
Well established brand with two great locations in major shopping centres. Year on Year revenue growth and a great management team in place, work-life balance is guaranteed from day one.
Revenue
$3,000,000 pa
Rent
$300,000 pa
Expenses
$2,300,000 pa
Net Profit
$400,000 pa
Location Details
Cairns Central Shopping Centre, Smithfield Shopping Centre
Cafe 1 was established 2017 in Smithfield Shopping Centre
Cafe 2 was established 2019 in Cairns Central Shopping Centre
Potential
Currently open 7 days 8am to 4pm, potential to ad evening business.
Started off site catering, potential to grow this market.
Skills
Ideally with a background in hospitality, allthough not essential. Training will be provided for a smooth transition. Strong financial accumen required.
Hours
7 days a week, 7am to 4pm
Lease
5 year lease in place
Employees
Approx 15 employees each. Head Chefs and floor supervisors F/T. All long term employees.
Reason for Sale
Owners are looking to relocate to Europe to be closer to family.
About the Business
This is a one of a kind product in the area. With a strong emphasis on French and European food, nearly everything is made on site from local produce. The cafes offer a great menu mix of modern Australian Brunch dishes, French Crepes (sweet and savoury), cakes, tarts and pastries. Vast drink selection including juices, smoothies, milkshakes and Barista made coffees, serving beans from a local boutique roastery. Breads from local baker on offer.
Well established training and operational manuals in place, processes organised to be efficient and effective.
Smithfield shop is part of a newly developped dining precinct that includes an Event Cinema complex.The cafe is strategically located at the southern end of the centre, close to Woolworth.
Cairns Central shop is located in the new Food Hall of Cairns Central, in front of a Woolworth too. Both locations have great foot traffic. High-end fit out and quality equipment in place.
Our client base are 80% local return customers, they love our convenient locations and quality products. The tourists are the cream on top during season.
Year on Year revenue growth, the unique product and branding, and our amazing management team in place make this a great investment for an owner/operator, owner couple, or investor that wants to add to their portfolio.
History
We set out to bring a change to shopping centre cafes in 2017. The lack of European inspired, quality food and service in the area encouraged us to open our first cafe in Smithfield Shopping Centre. The strong branding and our commitment to quality was well received. In 2019 the cafe opened its flagship location in Cairns Central Shopping Centre. Because the brand was already known in the northern beaches of Cairns, we did hit the ground running and haven`t stopped since.
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