Summary
Industrial take away cafe in built up area for sale. Business has efficient model taking high profits with low work hours.
Rent
$1,441 pm
Net Profit
$7,000 pm
Location Details
Cafe is situated on a main road in a built up industrial area with no direct competition. It is surrounded by large food and retail manufacturers and another three huge warehouses are being built directly opposite, which will employ many new staff.
Potential
Business is currently only operating from 7am - 2pm Monday to Friday to cater for morning coffee, smoko and lunch. There is huge potential to take advantage of the low outgoings and comprehensive set up by opening longer hours, nights or weekends. New owner could consider running a pizza or kebab shop at night as there is a large amount of residential close by and minimal competition in the area. • Rent: ONLY $1,441 per calendar month ($332.5 per week) – ALSO Includes body corporate and water rates.
Skills
food handler licence is required to run business and this can easily and quickly be aquired via local council.
Hours
Current operating hours - Monday to Friday 7am to 2pm
Lease
Lease terms: One year left on current lease with another three (3) options of three (3) years. 10 years total remaining.
Employees
Business can be (and is currently) run by a single owner to maximise profitability. Staff are optional.
Reason for Sale
Owner wants to sell in order to start a family.
About the Business
If you are looking for a great opportunity to run a food business this is the one. You will be very hard pressed to find such a high profit business with low out-goings and work hours. There is also a huge opportunity to open operating hours and services to maximise profitability. Rent is extremely low and locked in for the next ten years. Cafe has large commercial kitchen and equipment ( cool room, pizza oven, souvlaki/kebab spit, grill, commercial rangehood, Commercial dough mixer and sheeter, large prep table etc), indoor and large outdoor undercover seating area. Purchaser could also run alternate food business at night, pizza, kebab etc targeting nearby residential. Business has large corner lot exposure on a busy main road, is located in a built up industrial area with three huge warehouses being built directly opposite which will employ many staff.
KEY POINTS
• Rent: $1,441 per calendar month ($332.5 per week) – Includes body corporate and water rates. Only water and electricity usage is charged separately.
• Lease terms: One year left on current lease with another three (3) options of three (3) years. 10 years total. Rent can only increase 3% CPI per annum for the next 10 years.
• All equipment owned outright no current leases in place.
• Profit margin: Current APPROX 7K Per Month
• Operating hours: 7am – 2pm Monday to Friday CLOSED public holidays. Owner also closes for two weeks mid year and 5 weeks at the end of the year December to January.
• Operating 9am – 2pm Monday to Friday. Only need one staff member per day
• Asking price 150k – All inclusive of fixtures, fittings, equipment, stock at time of handover, a formal handover period with training if required.
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