Highly Profitable - Burrow Cafe

Toowoomba, Queensland 4350

SOLD

Key Features

AI generated. Contact seller to confirm.

Highly profitable café in Toowoomba
Solid customer base of local residents
Operates six days a week until 2pm
Potential for growth with extended hours
Key staff members have long tenure
Meets 491 Visa requirements

Turnover: $871,500
Net Profit: $140,000
Rent/Lease: Lease in place
Stock Value: Not disclosed
Established: 2 years

Business Details

Business Category Cafe Catering Restaurant

Burrow Cafe is positioned in one of Toowoomba's most sought-after suburbs, this well-established café benefits from high visibility and has a solid customer base comprising of local residents and is ideal for an owner-operator that is looking for a cafe that is established but also offers opportunities for growth.

The cafe is currently operated six days a week until lunch time closing by 2pm. It offers a future owner plenty of potential to grow the business via extending the opening hours, catering services, or utilising delivery service providers.

BUSINESS HIGHLIGHTS

Turnover: $871,500.00 pa averaged over 2 years.
Return to owner: $140,000.00 (Adjusted to 1 working owner)
Growth: Consistent top and bottom end growth year on year

Hours:
Monday: Closed
Tuesday: 7:00 AM - 2:00 PM
Wednesday: 7:00 AM - 2:00 PM
Thursday: 7:00 AM - 2:00 PM
Friday: 7:00 AM - 2:00 PM
Saturday: 7:00 AM - 1:00 PM
Sunday: 7:00 AM - 1:00 PM

Lease:
Current lease expires16 July 2023
+ 3 year option ending 15 July 2026
+ 3 year option ending 15 July 2029

Staff
Key staff members have been with the business for numerous years

The business meets 491 Visa requirements

For additional information please contact the marketing broker, Marc Phillips on XXXXXXXXXX or email XXXXXXXXXX

NOTE: Photos are for illustration purposes only.