Business Summary

SOLD

A local café with a strong dine-in and takeaway trade is looking for a new owner. Currently sells 30kg of coffee per week and runs under management.

Key highlights include;
* Currently trades 7 days with early closes
* A well-designed menu that is profitable, popular, and simple to prepare
* Seats 46 with indoor and outdoor seating and designed to allow for easy takeaway
* Prime location in a local shopping center that includes one major anchor tenant and other convenience retailers such as chemist, butcher & fruit shop. Plenty of parking right at the door
* Strong Lease in place till 2026 with a 1 x 3-year option running until 2029
* Current monthly rent is approximately $4,400 per month
* Current weekly sales are approximately $14,000 per week and growing steadily
* All equipment is just one-year-old and beautifully styled.

2022 adjusted net profit was approximately 70k under management. A working owner could expect to save 60K in wages, giving a working owner a return of $130,000. The forecasted profit for 2023 is expected to grow as the café has already experienced a healthy jump on the 2022 sales figures.

Don't miss out on viewing this easy-to-manage cafe that is ready to welcome a new owner.
Get in contact with Jo on 0405 629739 or via the enquire now button to find out more about this opportunity. Head directly to the confidentiality agreement here; (copy and paste into your browser if the link not showing)
https://forms.gle/MvkmGpr8Q5wLQDq88

Business not currently suitable for 491 SBO Regional QLD

Property Details