Stock Included: No
Stock Value: 9000
Years Est: 4
Gross Revenue: —
About The Business
Established in 2014, this cafe is in a prime location within this northern suburbs shopping centre.
A huge kitchen with ample preperation area and near-new equipment.
Dining area has over twenty tables with seating for over 80 customers.
Modern Point of Sale (POS) system with Eftpos integration.
Operational espresso machine with grinder and other accessories.
All equipment is covered for breakdown for 30 days after your purchase of the business.
Whilst there are a number of cafes in the shopping centre, This cafe is ranked as the second most popular (based on sales figures). The Coffee Club is the major competitor.
The cafe operates seven days per week, with Sunday trading starting at 11am. There is the opportunity for you to leverage Thursday night trading.
There is just under three years remaining on the current lease. The centre management is willing to resign the lease for a further seven years (pending refurbishment of the cafe at the end of the current lease period).
The cafe’s average sales are $60,000 per month. With increased marketing and Thursday night trading there is the opportunity to substantially increase sales. You could even expand into catering!
Rent is your only fixed cost and accounts for roughly 25% of your expenses.
There are currently 12 employees who are all motivated, experienced and willing to stay on after the sale of the business. Cleanliness is vitally important and current staff ensure standards are maintained.
There is the opportunity to take advantage of Thursday night trade and expand your operations to catering. Uber Eats is also another avenue for you to explore.
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