Prospect, South Australia 5082
Asking $199,000 + SAV (~ $10k)
Key Features
AI generated. Contact seller to confirm.
- Long-established brand name over 2 decades
- Located in vibrant neighbourhood near Adelaide city centre
- Fully equipped commercial kitchen and walk-in cool room
- Liquor license catering for 75 patrons
- Annual rental vs sales only 6.6%
- Professional staff services and great customer reviews
- Turnover: $800,000
- Net Profit: Not disclosed
- Rent/Lease: New lease available for 3+3 years at around $1000 per week
- Stock Value: Included
- Established: 19 years
Business Details
Business Category Cafe Restaurant
This is a unique opportunity to take over a well-established cafe and restaurant business under management, located in one of major retails streets in an inner-north suburb of Adelaide.
The current owner is leaving to devote more time for his family and lifestyle. Seeking genuine investors or owner operators only.
This business ticks all the following boxes:
• A long-established brand name over 2 decades
• has been serving the local community since 2004
• located in a vibrant neighborhood just a stone's throw away from Adelaide city Centre.
• a beloved fixture for coffee, breakfast, brunch, live music and functions
• comfortable while vintage seating and dining areas surrounded by green plants
• fully equipped with commercial kitchen
• walk-in cool room
• 4 individual toilets
• Liquor License catering for 75 patrons (with room to grow)
• 1 full-time manager and 1 full time chef plus 10 staff on roster
• 7 days brunch from 9 AM to 4 PM weekly (currently)
• Dinner with live music on Fridays till late (from February onward)
• Functions available on Saturdays
• Professional staff services and great customer reviews
• Annual rental VS sales is only 6.6% (annual sales approx $800k)
• New lease available for 3+3 years at around $1000 per week.
The sale of this business including the following:
• Long and well-established business name
• All online presence
• All equipment and facilities in place including air conditioners
• Liquor license transfer
• Coffee Van business available with negotiation
• 2 weeks training and assistance after settlement
If you are the one to rewrite the new chapter of this business , please feel free to contact the following agent for more details.
James
XXXXXXXXXX
XXXXXXXXXX
Wechat: deltabusiness-sa
Disclaimer:
While every care has been taken to verify the accuracy of the details in this advertisement/profile of business, Zendam Real Estate Group T/A Delta Business-Adelaide CBD cannot guarantee its correctness. Prospective buyers need to take necessary actions to satisfy themselves of any relevant matters.
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