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#Business ID: 23329

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Very Profitable Drive Through And Dine-in Coffee Shop In Perth For Sale

Business Location: Perth, Western Australia, Australia

Asking Price: $ 249,000 Revenue: $ 500k to 1m Cash Flow: $ 250k to 500k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

*** Urgent Sale - Price Negotiable ***

This fully established and popular café was opened in early 2019 and has not looked back since, not even during the difficult times of Covert 19 regulations, not closed for a single day!

There are 24 seats inside and another 32 outside in the private grape vine covered courtyard and plenty of parking outside the shopping centre. Café free standing
outside shopping centre.

Sales have shown consistent growth ever since opening, with repeat customers every morning, regular locals and always new customers calling through. A popular
breakfast and lunch menu is on offer. The cafe has become renowned for having the best coffee and breakfast in the area and offers catering as well. Currently the
preferred caterer for some departments of the Council.

Current owners are relocating overseas so the business needs a new owner to carry on with the still growing trade. This is a true walk in business with all suppliers and procedures already in place with strong staff to carry on running this established business which is treasured by the local community.

Sales performance is stronger than ever despite many businesses facing challenging conditions in the last financial year and the business is priced at a compelling level to attract a quick sale.

Lease Info : The 3x3x2 lease was commenced in July 2019. The landlords are completely open to signing a new extended lease for the new owner if necessary.

**Monthly Financials**
Coffee Beans +- 150KG
Turnover (inc GST) ave $ 42000.00
Wages $7,500.00
Rent + outgoings $3725.00
Net Profit - Depended on operator
Stock (extra) $5,000.00

Well planned and fully equipped kitchen with walk in fridge and prepping area, lots of other refrigeration, gas stove, double deep fryer, multi shelving combi oven etc.

Please contact us for more details.

Property Details

Years Established:

3 Years

Other Business Details

Business Location:

Great location, High traffic area in Perth

Premise Details:

The premises as a whole is +-130m2 - full commercial kitchen with walk in fridge - main seating area - 1 bathroom - dry store – delivery store – office - outdoor seating in private courtyard under shade netting.

Expansion Potential:

Possibility to grow the catering part of the business to increase revenue and utilizing kitchen to full potential. Lots of surrounding businesses, schools and catering requiring type businesses.

Business Operation Details

Employees:

7 staff in total, including the owner (chef) , casual cook, 4 baristas/ all-rounders and 1 junior.

Trading Hours:

Monday - Friday 6am - 2pm, Saturday 7am – 2pm, Sunday 8am- 1pm

Support & Training:

Support will be provided.

Miscellaneous Details

Reason For Selling:

Current owners are relocating overseas so the business needs a new owner to carry on with the still growing trade.

Contact this seller

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