Highly Profitable Popular Central Cafe

Business For Sale Brisbane, Queensland 4000

Business Category Cafe and Coffee Shop

$200,000

Description

Highly Profitable Popular Central Cafe

Boasting a fantastic corner position with exclusive frontage at the entrance of the West End entertainment and dining precinct is this well-established inner-city cafe now available for sale.

Owned and operated by the current owner for over 11 years this popular cafe has evolved with the ever-changing Brisbane Cafe scene and stapled itself as one of Brisbane's top brunch destinations. Offering a diverse menu including vibrant vegan and gluten free options accompanied with great coffee and excellent service has seen this business thrive to what it is today.

The cafe is equipped with an inviting dine in and alfresco outdoor dining area as well as a full open plan commercial kitchen, storage room and 2 walk in cool rooms.

Some of the other key highlights include,
– Grossing over $900k per annum
– 11+ years of trade history
– Currently operated under management
– Excellent long lease with 2 x 5 Year options available
– Lifestyle business currently only trading for breakfast and lunch
– Untapped extra earning opportunities
– Located in the heart of West End

Staff No
The business is operated by a manager on a Full- Time basis and employs 11 other staff. 3 Total Full Time Staff I 9 Casual Staff

Lease Info
Current lease expires - 30/06/2023 | 2 x 5 Year Options Available Commencement - 01/07/2015 - $88.923.72 with 3% yearly increases + Outgoings + GST

Trading Times
7 days - Monday - Friday 6.30am - 2pm | Saturday - Sunday 7am - 2pm

Size of Premises
Comprising of a total 107 square metres of internal space with a 33 square metre outdoor alfresco dining area. The internal area provides open plan dining and includes professional cafe counter for ordering and service. There is an open plan large commercial kitchen at the rear which includes storeroom and 2 x walk in cool-rooms.

Opportunity
This is a unique opportunity to purchase a business with an excellent and long track record of successful sales. The West End entertainment and dining precinct is ever-growing and a buzz with loyal locals and tourists at anytime of the week. With the upcoming Brisbane Olympics announced the Inner-City Brisbane scene has reinvigorated after a hard couple of years dealing with Covid-19. There is a buzz in the city once again and with a high number of people now calling Brisbane home especially from interstate areas there is a high demand for this style business.

**Weekly**
Turnover (inc GST) $21,500
Rent $2,440
Wages $5,800
Net Profit​ $1,970
Contact Seller
Sam Turkan

Bsale ID: 583302

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