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Iconic Inner Suburban Café

Business for Sale
Ashgrove QLD

Boasting a fantastic corner location at the entrance of a busy marketplace shopping centre in the Inner Brisbane North, only 4km’s from the CBD.

Price $299,000

Iconic Inner Suburban Café

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Boasting a fantastic corner location at the entrance of a busy marketplace shopping centre in the Inner Brisbane North, only 4km's from the CBD, this cafe is well established and generating consistent sales and profits.

The café offers a wholesome breakfast and lunch menu as well as a range of delicious homemade grab and go options readily available instore. Coffee sales average of 35kg per week, the business also has a special emphasis and loyal following on their milkshakes and similar beverages.

Currently operating under full management with an experienced team in place allowing the owners to play a background support role. The owners have decided that after 11 years it is time to sell and pass on this strong profitable business to a new owner.

Some of the key features of this business are,

• Consistent annual sales of 1M+
• Indoor Booth and Alfresco Dining
• Seats up to 140 guests
• High Foot Traffic Area
• Under Full Management
• Good lease in place with the option to extend available.
• Highly regarded in the local community with a great following from regular customers
• Oozing with potential and waiting for the right owner-operator to take it to the next level.

If you have a love for great coffee and would like a quick return on your investment then this business is certainly worth a look.

Staff No
The business is currently run under full management.

Lease Info
There is 4 years remaining on the current lease with the option for an extension available.

Trading Times
7 days – Monday – Sunday 7am – 4pm. The option to extend these hours are available also.

Size of Premises
Total leased area is 126sqm consisting of a commercial kitchen, dishwash area, service area, storage, indoor dining & water + amenities station. There is also an 50-70sqm alfresco area used for outdoor dining which is also included in the lease.

Opportunity
There is a great opportunity for an owner-operator (husband & wife or alike) to really drive this business to new heights. The option to cut down and save on the current wage cost would be an immediate option for new owners looking to engage in the daily operations of the business.

Over time some tweaks and new additions to the menu will broaden the current offerings and keep the cliental interested.

**Weekly**
Coffee Sales Per (Kg) 35
Turnover (inc GST) $22,566.00
Wages $8,392.90
Rent $2,281.63
Net Profit $2,908.53

Contact Seller

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Contact: Paul Leach
Mobile: 0415801313
Bsale ID: 271003




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