This north side cafe benefits from a great location in a popular market centre. The centre organises significant advertising for the tenants for a modest fee so the customers keep coming in.
The business boasts strong coffee sales of 30kg/week.
An unfortunate change in family circumstances necessitates this sale less than a year into operations, so figures have been projected based on the first five months of the current financial year.
Expecting over $500,000 turnover at 72% Gross Profit, the business is on track to earn the single working owner more than $87,000 for the year in adjusted net profit.
This is an urgent sale and a great opportunity to get this high potential business at an attractive price.
Turnover for first 5 months 2013-14 above $210,000
Gross Profit of 72% for 2013-14
Projected owners earnings for 2013-14 above $87,000
76m2 premises leased until 2018 for approx. $59,000 p.a., 3.5% yearly reviews
It’s a classic lifestyle business with flexible hours, no nights and which means room to grow trading hours or enjoy the benefits of time off.
Contact Frank Walmsley Exclusive Marketing Agent 0400446605.
Option A - $179,000
Down payment $80,000
Year 1 payment $40,000
Year 2 payment $80,000
Stock value approximate $10,000
Please note that email enquiries from customers using @hotmail.com will not be able to be action unfortunately. Please use an alternate email and also provide a contact mobile or landline. Your understanding and assistance is appreciated.
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