Highly Profitable Well Known Cafe
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
This business is situated in the highly sort after suburb of Alexandria, which is known for its style, fashion, arts, wealth and great coffee. This Cafe is renowned for its all day breakfasts, fantastic coffee, rich aromas and relaxed atmosphere. It is also known as the go to place for a number of big personalities in the sporting and entertainment industries who enjoy slowing down, socialising and enjoying a quality cup of coffee in the stunning parks district.
Key Features of the business:
- Very large net profit for a 60m2 cafe only trading from 7am - 3pm - $253,500.
- Great return on investment
- Government approval for extended opening hours to 10pm 7 days a week.
- Averages 20kg of coffee a week.
- Great lease terms of 3+3+3 expiry year 2023.
- Located in the active and social suburb of Alexandria.
- Services patrons inside and outside.
- Strong & loyal customer base with great social media exposure.
- Fully functioning and capable kitchen for prospective dinner menu as well as the current offerings of all day breakfast, sandwiches and lunch menu.
- Liquor licence is also attainable, adding value to the dinner trade.
- Large cold room to support additional menu items.
- All equipment is owned except for the coffee machine, which is on a free-on-loan basis subject to purchase of the coffee.
We are happy to take expressions of interest at this stage.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3134279#enquire-now
Annual Rent : $48,360 -
Weekly Rent : $930
Annual Turnover : $624,000 -
Weekly Turnover : $12,000
Annual Gross Profit : $426,400 -
Weekly Gross Profit : $8,200
Annual Ebit : $253,500 -
Weekly Ebit : $4,875
Premise : Leased
Lease Commencement : Sep 2014
Lease End : Sep 2023
3 + 3 + 3 years
Total Land Area : 60 Square Metres
Total Floor Area : 60 Square Feet
Franchise : No
Approximate Stock Value : $5,000
Year Established : 2014
Days Trading : 7
- 4 Part Time - 1 Casual
Staff Salaries : $104,000
Reason for Sale : Change of business interest
Location : Located on the corner of a quiet residential lane and moderate main road, in park district in Alexandria
Business Potential : Increase trading hours, obtain liquor licence, serve dinner, council approval for operating hours until 10pm 7 days a week
Parking Comments : car - Great street parking for patrons