Summary
The shoop is open 7 days from 6.30 to 3pm in a wealthy suburb, with potantial of night trade due to the lack of evening restaurants. NOTE: NO finance will be released without a physical appointment.
Revenue
$980,000 pa
Rent
$85,000 pa
Expenses
$285,000 pa
Net Profit
$140,000 pa
Location Details
This is a 60+ seats coffee shop in a local shopping centre, with plenty foot traffic, coles, news agency, post office and a bank!.
Potential
Opportunity to open nights due to the lack of evening restaurants in the area.
Skills
As a buyer, its easier if you have a background in hospitality as you will know the ins and outs of the business and its operations, therefore you wont have to rely as heavilyon staff.
Hours
7 day from 6.30 to 3pm
Lease
2years left with the option of 5 or 7more after that.
Employees
the busines is currently running with 3 people at the front ( serving) and two at the back ( kitchen).
Reason for Sale
the owner has been in hospitality for over 25y and he wants to move on from it.
About the Business
The shop provides breakfast and lunch daily, it has a catering site, it is the local "go to" place in the area due to its location and friendly staff. We have a strrong regualr customer base, and heavy foot traffic in the area and centre making it a very popular destination for many locals and people travelling through the area. The shop is currently sitting on a 4.3 star reviews on Goggle.
History
The busines opened during covid and it made all the way up where we are today. The busines receives lots of local support due to the local customers and its location ( on the way to the city).
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