Northside Specialty Coffee Café, Beautifully Presented, 8% Sales Growth Ytd, 15% Net Profit

Business For Sale Belconnen, Australian Capital Territory 2617

Business Category Cafe and Coffee Shop Restaurant

$289,000 + SAV

Description

Northside Specialty Coffee Café, Beautifully Presented, 8% Sales Growth Ytd, 15% Net Profit

Situated in a bustling centre with abundant foot traffic, this perennially favoured specialty coffee spot presents an unmissable opportunity. Since its inception in 2021, the café has steadily earned acclaim as one of the centre’s top coffee and breakfast destinations. Situated in sought-after Westfield location, with an attractive fresh fit out, this presents a lucrative acquisition for a multisite operator or for an owner-operator seeking a profitable & established high-end café. The business has also previously been successfully operated under management whilst showing good profit and year on year sales growth.

Key Features:

• Strong Coffee Sales - 35kgs Coffee per week plus retail
• Exquisite Fit out - Site constructed in 2020
• Digital Presence - Superb online and social media presence
• Secure Lease - 3.5 Years remaining on current 7 year lease
• Profitable Business – 15% NP for a working owner
• Solid Turnover – Avg Weekly sales of $20K p/wk
• Young & Growing Business – Showing an 8% growth in weekly sales for this FY

COGS – 35%
Wages – 31%
Op Exp – 4%
Rent – 15%
NP – 15%

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
7 Year Lease, Exp Oct 2027

Staff Details
The business is currently run with 1 x FT Manager, 1 x FT Cook, 2 x Casual/PT Cooks, and 5 x Casual Barista/Front of House.

Opening Hours
Monday - Thursday 7.30am - 4pm
Friday - Saturday 7.30am - 5pm
Sunday 8am - 4pm
Contact Seller

Bsale ID: 641464

GSE Hospitality Brokers
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