Summary
Unique cafe investment with massive growth potential in a business precinct complimented by patronage from surrounding residential area.
Revenue
$32,000 pw
Rent
$2,238 pw
Expenses
$13,000 pw
Net Profit
$6,000 pw
Location Details
Stand alone shop in a busy business precint surrounded by office buildings and local businesses. Easy access to get to the shop and ample of street parking.
Potential
Established for over 5 years, it presents an excellent opportunity for a new energetic owner to step into a business ready for immediate operation offering the perfect lifestyle business with early 2pm finishes.
Whilst the Vendors have chosen to close at 2pm daily, this Cafe is fully licensed and does not capitalize on the flow of pedestrians passing their doors on way from work or for after work catch ups. Fully licensed, this venue is also ideal for events and corporate dinners and is ideally suited to Owner/Operators or astute Investors.
Skills
Potential buyers would need to demonstrate business acumen, financial stability and experience in operating a similar business in getting to be approved as a tenant.
Hours
Monday to Friday 7am to 2pm
Saturday and Sunday 8am to 2pm
Lease
A new lease with 5x5x5 options will be extended to the incoming operator on a commencing rent of $9000 ex gst.
Employees
Currently managed by a team of 4 Full timers in Back of House. A casual team of 8 manages the front of house operations with minimal involvement from the owner.
Reason for Sale
Current owners have been in the industry for 15 years and close to 6 in the current business. They are considering semi retirement for personal reasons
About the Business
First time on market is this modern state-of-the-art café with a fit-out that many are envious of. With a contemporary and inviting fit-out, the venue has become a popular dining destination for locals and working professionals. A straightforward operation with short trading hours offering an all-day breakfast and lunch menu plus providing easy grab and go items making it a favourable destination. Established for over 5 years, it presents an excellent opportunity for a new energetic owner to step into a business ready for immediate operation offering the perfect lifestyle business with early 2pm finishes.
Whilst the Vendors have chosen to close at 2pm daily, this Cafe is fully licensed and does not capitalize on the flow of pedestrians passing their doors on way from work or for after work catch ups. Fully licensed, this venue is also ideal for events and corporate dinners and is ideally suited to Owner/Operators or astute Investors.
• Taking $32,000+ PW (Based on annualised takings of Jan 24 – Dec 24) 48 weeks
• Rent: 7.5% based on $32K takings per week.
• Established in 2019
• Modern State-of-the-Art Fit-Out
• Established in a Business precinct / Park
• Simple Operation
• A new 5x5x5 lease on offer
• 70 seats inside and 40 seats outside
• On premise liquor licence
• P&E worth $700,000
• Enormous Growth Potential
• Same owners since inception now considering retirement.
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