Internal Ref: 139
Summary
Established in 2009, this award-winning café holds a renowned reputation for providing high quality food and coffee to loyal clientele.
Revenue
$1,940,000 pa
Rent
$92,500 pa
Hours
Monday to Sunday
About the Business
North Qld, extremely profitable & award-winning cafe.
This hugely successful café would suit an owner operator or investor model. Whilst the current owner does have a small amount of hours rostered, this could easily be absorbed in broader roster of staff. An owner operator could comfortably add to the already impressive bottom line, by taking a more active role in the daily operations. Alternatively, an absent owner/investor could feasibly be looking at a fantastic ROI !
This business is a firm favourite with the local community offering coffee and meals, 7-days a week. A full complement of trained staff, with the owner not required to work ‘in the business’. This offers the next the perfect work/life balance within the booming hospitality trade.
The business footprint is a generous size of 111sqm with additional external licensed seating area. The café is fitted with a full commercial kitchen and all assets will be included in the sale, allowing for an easy transition and immediate operation.
Key points;
· 77% ROI (FY 2024 owners adjusted earnings)
· Seller willing to consider Vendor Financing for the right buyer
· $2m revenue (FY 2024)
· $383k owners adjusted earnings (FY 2023)
· Coffee sales of 70 -80kg per week
· Full complement of 24 rostered of staff
· Long standing business since 2009
· Incredibly loyal customer based of locals
· Excellent location within a shopping centre
· Internal and external seating - 84 seat capacity
· Outstanding 300+ Google Reviews averaging – 4.2*
· Situated in a rapidly growing suburb
· Easy access and parking on site
$499,000 + SAV – All genuine offers will be seriously considered. Please ensure that you are in a financial position to purchase this business prior to making an enquiry.
The photos in this ad are not a true representation of the business for sale.
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