Summary
Rent only 1250 a month! 20k per week average sales. Long lease.
Revenue
$80,000 pm
Rent
$1,250 pm
Expenses
$55,000 pm
Net Profit
$19,000 pm
Location Details
Located in a shopping strip in a residential area in Mount Gravatt
Potential
Great opportunity to buy a successful cafe in beautiful Mount Gravatt. Located in a busy residential area, popular with young middle class families, this Turn-key business serves a simple but gourmet and well thought out menu, hosue made cakes and amazing specialty coffee.
40 seats, but plenty of takeaway food for increased sales numbers.
Liquor licence, so there is potential to expand offerings.
Potential to open nights either as takeaway only, or as a bar.
Fully managed currently with owners taking a profit weekly
Skills
Previous management experince in a cafe would be a plus if planning on working in the business, but its an easy business to run if you have the right people in place.
Hours
6am-1.30pm daily and 7am-1.30pm Sundays
Lease
5+5+5 years with 3.5 years remaining on the fist term.
Employees
10 employees currently with one full timer
Reason for Sale
Owner is moving interstate
About the Business
Very profitable with low rent and overheads.
Easy to service menu which means lower staffing costs
45kg+ coffee weekly.
Mixed client base, lots of young families and workers from the area
The strip it is on is developing with at least 3 new businesses moving in over the next 6 months.
Indoor and Outdoor seating (40 in total)
$20k+ sales a week
Turnover was $1 million in the first year.
Low rent $1250 per month.
All equipment is included except the coffee machine and grinders which belong to the coffee company
History
The business has been operatiing in its current form for 20 months
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