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Terrarium, Oxenford. The Locals 'go To'

Business for Sale
Terrarium
Oxenford. QLD

Trading for only 4-years, this café has undoubtedly established itself as the most popular destination amongst locals. The owners set out to offer an experience based on quality and ambiance.

Price $320,000 + SAV

TERRARIUM, Oxenford. The locals 'go to'

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Revenue
$825,000 pa

Rent
$76,118 pa

Location Details
Shop 1, 141 Maudsland Road,, Oxenford. 4210

Potential

The population of Oxenford / Maudsland has increased circa 20% in recent years. Continued development, particularly in Maudsland and western Oxenford will see growth continue unabated.

A new owner might wish to consider opening up the business to become a true 7-day a week café. The current owners were trading more days in previous years, but have reduced the trading days for personal reasons. On average these days generated between $1,500 and $2,000 in turnover.

Skills
Established staff in place. Managerial expertise is the only requirement.

This would ideally suit A working couple could deliver significantly more to the bottom line result.

Hours
Wed – Sun-7:00am - 3.00pm
Mon - Tue - Closed

The lease allows for significantly more trading hours than is being done

Lease

Lease finishes 31/07/2020

Further - 2 x 5-year option.

Reason for Sale
Owners moving inter-state

About the Business
A release of approximately 1,000 house blocks within 1 kilometer of this business means that the popularity of this business amongst locals can only get bigger.

The small retail complex that Terrarium is situated in has a good mix of businesses with the anchor tenant being a thriving 7/11 petrol/convenience store.

The owners of this business have negotiated with the landlord that there can be no other ‘coffee shop’ business trading within the grounds of the retail park.

The venue is fully licensed, offers a great intimate environment, could quickly and easily be decorated for any occasion and would therefore be an ideal ‘function venue’ for small/medium parties.

History
The cafe opened 4-years at the same time as the broader retail precinct opened.

Contact Seller

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Visit Website

Contact: Jim Roddy
Phone: 0437838094
Mobile: 0437838094
Bsale ID: 239276
Agent ID: TWGC 1944




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