OVER $1.2 MILLION ANNUAL SALES, UNDER MANAGEMENT & PROFITABLE CAFE

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Internal Ref: BUY2350

Summary

This successful, 5 days trade/week, popular & profitable café offers fantastic return on investment with over $300K pa. to its under management owner.

Net Profit

$340,000 pa

About the Business

Present owner has owned the café since 2016 as his passive income and wishes to offload due to personal issues.

This successful, long standing, popular and profitable café is perfectly located in an iconic location of the Brisbane CBD enjoying top visibility and foot traffic.

The café offers delightful breakfasts, light to hearty lunches as well as excellent coffee and snack offerings and is busy all year round supported by a team of stable and long reliable staff and has become a must visit eating spot for the folks who work in the CBD.

Currently achieving gross weekly sales of $25,000 plus with excellent lease to 2029 & 5 year option alongside a reasonable rent currently at $2,750/week (including outgoing).

This café business is perfectly suitable for Visa 188a applicants who need the support of a team of happy and vibrant staff, along with full-time staff in key roles, and all systems and processes in place.

This café trades only Monday to Friday and closes at 2:30pm, no night and weekends.

The business has high growth potential – more organisations are moving into the building, and a project of a new office tower across the road will start construction in 2024, which will bring hundreds of builders to the shop during the construction duration and hundreds of office personnels after construction.

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