confirmed real potential, same owner for last 10 years,business still growing

12 days ago

Private Seller

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Summary

Open five and half days only, Perfect mix of commercial and residentials customers Liquor license, grease trap, cool room, full kitchen Can be easily run under-management

Revenue

$11,000 pw

Rent

$2,050 pw

Net Profit

$5,500 pw

Location Details

Excellent heritage corner street position opposite two big office buildings .
6 mins walking from central staion woolworth exit
No direct competition. Best corner position.


.

Potential

Taking can be improved a lot if you are experienced

Skills

liquor licence avaiable
grease trap avaiable
full kitchen. small coolroom . gas cooking

Hours

Mon -Fri : 6.30AM-4.00PM
Sat :7AM- 1.30PM

Lease

new 3+3+3 has been agreed by landlord ,with 3% annual increase , no special terms, no outgoing,

Employees

2

Reason for Sale

looking to have a decent break after 10 years of ownership.
The business is still growing ,compared to last year.

About the Business

85% sale are take-away orders, only 15% are from sit-down customers, Minium staff are required
Truly and Steady on the right track of recover from Covid -19 impact
Can be easily run under-management
Current rent about $2050 per week, No outgoing, including outdoor seats, No special terms in lease.New rent at $1850 per week could be avaliable
Profit after all expenses: truly $6000 in pocket for husband and wife .
HUGE REAL POTENTIAL.
Highlights :
1.More commercial tenants are confirmed to be moving into the tall building across the street by the end of this year.
We anticipate a significant increase in profits after more companies occupy the additional two levels of the neighboring heritage building.
Currently, only one level of the 7,300 sqm spaces is occupied. Before COVID-19, when three levels were leased, weekly earnings ranged from $18,000 to $20,000.

2.Unique Location: No directly competition. Our café is strategically located directly opposite two tall heritage office buildings. The surrounding area is primarily residential with heritage homes, and no new shops can be established nearby, ensuring a steady customer flow.

3.Training Support: I am happy to provide training for the new buyer to ensure a smooth transition, if needed.

4. Most customers are regulars. So takings are relatively stable , with minimal impact from economic fluctuations and rising interest rates.

5. The café also holds a liquor license (though alcohol hasn't been sold since I took over), and a grease trap is already in place.

6.Honest vendor keen to sale after 10 years of hard work. No trap . No made up takings.

This opportunity is ideal for franchise owners looking to expand their brand in the area.
Or for newcomers eager to enter the café industry without wasting time in tiny shops

Come and verify yourself. This is a truly low-risk, hard to miss, excellent investment opportunity Can be run under-management as well easily.

Asking price: $165,000
Contact owner on: 0468-828-369 . No agent please.
Please do not waste your time if you are not serious.

History

takings before covid are constantly between $18,000 ---$20,000 per week, with no online delivering ever been used.


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