Summary
A beautifully fitted modern café in Underwood’s newest commercial precinct is generating over $30,000 per week net consistently. With rent at just 6.35% of sales on a freshly signed nine-year lease,
Revenue
$30,000 pw
Rent
$1,923 pw
Location Details
A beautifully fitted modern café in Underwood’s newest commercial precinct.
Potential
This premium, well-established venue represents a versatile acquisition for an owner-operator or a multi-site group. Current payroll expenses reflect a managed structure; however, an active owner could realistically streamline these costs toward the 30% mark, driving immediate bottom-line growth. The asset combines a high-end fit-out with long-term tenure in a burgeoning commercial hub. With foot traffic set to increase as the building reaches full occupancy, the business is positioned for continued success.
Hours
Mon to Fri 7am to - 2.00 pm
Sat - Sun 7.30am to 2.00pm
Lease
$100,000 per year based on a 3×3×3 lease just executed at 3.5% increases
About the Business
A beautifully fitted modern café in Underwood’s newest commercial precinct is generating over $30,000 per week net — consistently, for more than two years. With rent at just 6.35% of sales on a freshly signed nine-year lease, the cost structure here is exceptional for a venue of this calibre. This is a business built on a strong foundation, with clear upside still ahead.
Currently under management, the business turns over $30,000+ per week net with cost of goods at approximately 30% and wages at 38–39% — the primary lever for an owner-operator to pull. Rent is fixed at $100,000 per year based on a 3×3×3 lease just executed at 3.5% increases, delivering close to a decade of security in newly built premises.
Ultra-high ceilings, a covered outdoor laneway, five private bathrooms, a fully equipped commercial kitchen, and a liquor licence in place with strong trade
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