Same owner for 10 years! - Café for Sale – 6 days a week.

7 days ago

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David Cahill
 

Summary

This cafe is quintessential West End

About the Business

This cafe is quintessential West End. With 10 year trading history with the same owner, repeatable success and a cool street opening this cafe is primed for a first time buyer wanting something funky that performs.

With consistent sales month-on-month for years running and rent at only $483 per week for 6 days of trade with 6 years remaining on the lease this present stability and security.

The café serves its customers the typical breakfast, brunch and lunch fare of bacon and egg wraps, breakfast croissants, bagels through to big breakfast and into lunch items like burgers, yiros and steak sandwiches. Smoothies, coffee and tea complete the menu with coffee at 20kg per week.

The opportunity here is to capitalize on the location and solid customer base and with an enthusiastic approach by operating hours and days to 7 days a week as it is currently closed Sunday.

Lease Details
3 years with a 3 year option 4% increases A Three month bond is required

Premises Details
Approx. 50 square metres. Shared Toilet, Full commercial kitchen. Private internal seating area

Staff Details
The business is currently run by the owner + 2 part time employees

Opening Hours
6 days
Mon Friday 5:30a.m. to 1:30pm
Saturday - 6am to 130pm
Sunday - Closed

Opportunity
The current owner is working in the business. The new owner will see an immediate improvement in opportunity to increase profitability through pricing and extension of trade.

**Weekly**
Coffee Sales 20kg
Low Rent $517
Net Profit $2304 (Working Owner)

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