Summary
This coffee shop is pretty well bullet proof. It has been going for 18 years with this owner operator couple and it has about 8 years left on the lease. Ready for you to come in, get trained and cook
Location Details
101 Bourbong St
Perfectly located in the blue chip, high traffic area of Bundaberg's main street. Located on the same block as the Post Office, major banks and within a few hunded metres for the council offices.
Potential
The owner is expecting to expand the breakfast menu with some "modern" favourites. Deliveries are a definite option as is online ordering and social media presence.
Skills
Full training will be provided however, customer service or productively cooking at peak order times would be a benefit.
Hours
7-3 Monday to Saturday
7-2 Sunday
Lease
Second year into a 5 year lease with an additional 5 year option. Plenty of security for a new buyer. No outgoings!
Employees
2 owners, 2 casuals and family children during the busy school holidays.
About the Business
Travellers appreciate stopping at a desert oasis for it’s coolness and refreshing feeling. Central Bundaberg shoppers enjoy the same as they step into the high foot traffic located Oasis on Bourbong Street coffee shop.
This huge 116m2 premises houses a 56 seat café which has been with it’s original husband and wife owner operators for 18 years. They have created a reliable business based on two key strategies. Firstly, they focus on providing big meals for the right price and secondly, they have probably got the biggest menu in Bundaberg. Rather than skimp they have provided value which brings clients back because the variety is always available due to the mantra of “we will never run out of anything”.
To help a new owner there will be between $12-15k of stock and full handover training so you can seamlessly continue the profitable business.
The premises has recently been refreshed with;
• new painted walls plus forthcoming “oasis” themed artwork
• a new coffee machine
• two grinders carrying both local and wider brand coffee
• updated drinks fridges
These updates mean there is no money needing to be spent on this business. It’s just walk in and make money from the first order onwards.
For added assurance you will find a long lease in place till 2029 at cpi increases with a 5 year option. The landlord pays outgoings so you really will feel relaxed!
Like any true oasis the business is open 7am to 3 pm weekdays and weekends 7.00am to 2.00 pm closed on public holidays. This befits the perfect location which is on the same block as the Post Office, main banks, major pharmacies, rotunda entertainment area and main Targo St intersection.
You will find the business is easy to operate with a large separate kitchen (no bumping into each other here), separate prep and dishes area, plenty of storage and a coolroom.
The business is in the sweet spot size of being either owner couple operated plus two casuals as is currently or being purchased by an investor. It is priced in the benchmark 3-4 times net profit multiple price range.
Cash and bank finance pre-approved buyers are invited to contact Peter Bender from Bundaberg Commercial and he will organise a time to meet, relax and have a cold drink or meal at Bundaberg’s centrally located Oasis On Bourbong Café.
Disclaimer:
The information contained herein has been obtained directly from the seller and other sources but cannot be guaranteed as accurate. Clients are advised to verify any information through normal due diligence.
History
This huge 116m2 premises houses a 56 seat café which has been with it’s original husband and wife owner operators for 18 years. They have created a reliable business based on two key strategies. Firstly, they focus on providing big meals for the right price and secondly, they have probably got the biggest menu in Bundaberg. Rather than skimp they have provided value which brings clients back because the variety is always available due to the mantra of “we will never run out of anything”.
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