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Prominent Established Café Business For Sale - Brisbane West End #5551FO
Internal Ref: F3411
Summary
SBX Code: F3411 - A grade CBD building - Full kitchen facilities with grease trap. Dual entry form both street accesses , Quality tenants was doing $17,5000 p.w pre covid.
Rent
$1,673 pw
Net Profit
$1,500 pw
Location Details
Hot location in Brisbane CBD and only a 6 minute easy walk to Brisbane Central Train Station and a major bus interchange and dual street access.
Potential
Do a total revamp of the existing menu. Needs an owner operator or husband and wife team. Start social media campaign to customers in the local area. Seek out new catering clients in the Brisbane CBD, Add more healthy food options
Hours
5 days, Monday to Friday 6 am to 2 pm.
Lease
Assignment of the existing lease which expires March 2030 - 3 month bond and subject to landlor
Employees
Currently run under full management with 2 fulltimers and casuals as required.
About the Business
Cafe - Under Full Management - Lobby - Two Premium Lobby Espresso Bars - Takeaway - Brisbane CBD
SBX Code: F3411
Cafe - 2 x Premium Lobby Espresso Bars in the same building currently under full management - Takeaway selling 30 kilos of coffee p.w, raisin toast and a simple menu consisting of bacon and eggs, poached eggs on toast, chicken burger and chips, chicken schnitzel and chips, cakes, sweets and cold drinks etc. - The building is a core Brisbane CBD high rise property with strong leasing covenants. A 20 storey office building providing approx.18,362 sq. mts. of net lettable area over 18 levels and 84 car spaces. The building was rebuilt in 2017 to an A grade plus standard with a new glass curtain facade. It is one of the most accessible buildings in the Brisbane CBD. -60 seats inside - 30 seats outside. Compact upper level espresso bar is included in the same lease serving premium coffee, cakes and snacks and requires one staff (open 7 a.m. - 11 a.m.) Pre covid businesses were doing approximately $17500 p.w. Please do not approach the vendor or staff of the business as the business is run under full management ,please contact the sbx business broker you have been assigned to.
Features
Sought after prestigious CBD location. Long lease with very low weekly rent for a 20 level A grade CBD building. Full kitchen facilities with grease trap. Dual entry form both street accesses and main foyer entry. Major anchor tenants including a government and major insurance company.
Premises
Beautifully architecturally designed cafes one with full kitchen facilities with indoor and outdoor seating creating a relaxing dining experience with an area of approx, 120 sq.mts.
Comments
Original installation cost design and fit out was over $400,000. Coffee machines and grinders are owned by coffee suppliers for both cafes.
SBX Code: F3411
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