Flagship Espresso Bar $225,000
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
About The Business
This business represents a rare opportunity to take over a successful Espresso Bar from a major specialty coffee brand at a very appealing price.
We have deliberately designed a very enticing package to attract an experienced Operator, and we have priced the business to demonstrate the Vendor's commitment to finding the right Operator.
Only experienced Operators with a track record in cafe's should enquire.
The business has enjoyed a solid turnover of an average of $20,912 plus GST per week for the last 12 months.
There is only light food served at the business, along with a truckload of coffee.
1. Very attractive sale price
2. Strong consistent turnover
3. Flagship recognition, huge goodwill
4. Long lease 5+10
5. Low rent at just 6% approx.
The lease has 1 and 1/2 years plus + a further 5 year option and the rental expenses as at October 2018 are $8,608 per month (ex GST) plus outgoings of $968 (ex GST) per month. The total rental expenses including outgoings are currently just 10% of revenue approx. It is also important to note that the outgoings also cover expenses that are normally additional expenses to the business such as air conditioning, building Insurance, pest control, fire protection, building security, Water, and sewerage rates.
This is truly one of those rare finds in the market, and we know this business will be in high demand so be sure to enquire today.
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Contact us today to find out more about this fantastic, and simple to run opportunity.
Vision Brokers & Advisors
'Turning Vision into Certainty'