Summary
Seeking genuine interest to take over a well loved profitable small cafe in Fremantle suburbs. It is a very popular charming place that has been around for 14 years.
Revenue
$5,275 pw
Rent
$275 pw
Expenses
$4,000 pw
Net Profit
$1,000 pw
Location Details
114 Holland st
corner of holland and onslow
Potential
Only open thursday to sunday from 8-2 at the moment. Possibly to increase opening hours and open in the evening for themed dinner etc..
Skills
Owner operated, at the moment the owner is a chef that cook the breakfast menu.
There is a barista/ all rounder here on weekdays and two more staff on weekends.
Hours
Thursday to Sunday 8-2 kitchen closes at 1
Lease
Lease up next year, owner open to offer 3 year lease + option
Employees
Three employees currently, students very flexible on hours and reliable.
Reason for Sale
The owner would like a career change and possibly going back to his home country.
About the Business
This business has been around for 14 years, and it is very well known around fremantle and further. Some would consider it to be pretty unique ans serve one of the best breakfast around. If you research it you will find a lot of articles about it and see it has good reviews. PErth is ok wrote the following which summs it up quite well:'Tucked away in Freo lies this little neighbourhood gem - The Cool Room
At the crossroads of two suburban streets, next to vintage store Old Values, it’s hard not to feel pretty charmed by the mish-mash of retro Formica tables, plants and brightly coloured umbrellas.
It’s as unpretentious as they come, yet out of their tiny kitchen they manage to serve up coffee and food that can rival Perth’s best.'
History
The business has been around for 14 years, the current owner for 2.5 years.
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