Modern Cafe In The Heart Of Adelaide Cbd - Established 5 Years Under Management With Huge Potential

Adelaide, South Australia 5000

SOLD

Key Features

AI generated. Contact seller to confirm.

  • High quality fitout with outdoor dining
  • Located in Adelaide CBD's busiest thoroughfare
  • Operates 5 days a week, 7am to 3.30pm
  • Custom Marzocco coffee machine included
  • Large volume Reverse Osmosis filtration system
  • Potential to double revenue and extend hours
  • Turnover: $8-$9k per week
  • Net Profit: Not disclosed
  • Rent/Lease: Lease coming up for renewal
  • Stock Value: Included
  • Established: 5 years

Business Details

Business Category Cafe Function Centre Restaurant Takeaway

Modern cafe high quality fitout with a trading window and outdoor dining on the CBD’s busiest thoroughfare, right in the heart of the Adelaide CBD.
Occupying the foyer of a large commercial office building and positioned right amongst all the big Banking and Accounting firms.
Has been under remote management (Victorian owners) since commencing business in 2017, operating 5 days a week (mon-fri 7am to 3.30pm). Our fantastic manager and team survived covid, have recovered well, and currently turning over $8-$9k per week (incl. 25kgs coffee), with genuine potential to double + revenue.
Enormous potential for owner/operator with opportunity to extend operating hours, roof top functions, expand food offerings, review suppliers/pricing, obtain liquor licence to capitalise from sidewalk traffic / office drinks.
Custom 4 group Marzocco coffee machine and grinders are owned outright and included.
Large volume Reverse Osmosis filtration system installed.
Access to roof function facility with amazing views across Victoria Square.
Lease coming up for renewal gives incoming owners opportunity to re-negotiate post covid lease with Landlord. Assistance and guidance will/can be provided to facilitate.
Happy to agree on a WIWO deal that is subject to lease re-negotiations.
This is an outstanding opportunity for an owner/operator and only selling due to change of personal circumstances.

What's Nearby

Contact Seller
  • Private Seller

Bsale ID: 575475