Business For Sale Ipswich, Queensland 4305
Business Category Cafe and Coffee Shop
$495,000 + SAV
Busy Cafe/restaurant Ipswich Cbd. Strong Sales, Low Rent
This profitable and well established cafe and restaurant is located in a fashionable hotel building full of charm and character. Prime position with great exposure to foot traffic, situated on a main road.
Sales are average $ 31,000 per week with peaks of $ 40,000 per week on long weekends and holiday periods.
Rent is just over $1,000 per week!
The previous owner held a Commercial Hotel Licence so the opportunity exists to reinstate this and take the business to the next level.
The size and the layout of the premises presents huge opportunity for the new owner to operate many different business models successfully (cafe, restaurant, pub, bistro).
The business benefits from street seating, indoor/outdoor area, a function room with a separate bar for private events.There is also a full commercial kitchen, walk in cool room, walk in freezer and beers on tap.
This is a highly profitable business that ticks all the boxes and is already producing strong consistent sales.
This business has been established in its current format for several years and it currently trades seven days serving breakfast and lunch (7am – 3pm) and dinner five days (Tuesday to Saturday) till late.
The current owner has been in the industry for many years and has now decided to step back and relax. A full training and handover period is being offered to ensure a smooth transition of ownership.
This opportunity will suit an investor looking for a business under management or an experienced owner operator looking for a larger operation.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
The business is currently run by the owners and employs three full time chefs, two full time FOH and ten casuals.
The 2 x 3 x 3 year lease commenced in Nov 2019. - Landlord keen to add options for long term relationship. CPI. increases – A three months bond is required
7 days – Mon – Sun 7 a.m. to 3 p.m. 5 days – Tue – Sat dinner till late
Approx. 440 square metres. - Toilets, Full commercial kitchen and store room, walk in cool room, beer room, walk in freezer, Outdoor seating area, indoor seating, street seating, private room, function room with separate bar, projector.
Reinstate Commercial Hotel Licence Extend the trading hours, operate as a pub/restaurant in the evenings. Establish a catering side of the business. Motivated vendor.
Coffee Sales Per (Kg) 30
Turnover (inc GST) $31,000
Net Profit $6,357
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