Profitable Cafe/restaurant Ipswich Cbd

Business For Sale QUEENSLAND 4305, Queensland

Business Category Cafe and Coffee Shop

$595,000 + SAV

Description

Profitable Cafe/restaurant Ipswich Cbd

This profitable and well established café/restaurant has recently been relocated into this fashionable hotel building full of charm and character. The location has great exposure to foot traffic and is situated on a main road.

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 (café, 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 â€" 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**

Staff No
The business is currently run by the owner and employs three full time chefs, two full time FOH and ten casuals.

Lease Info
The 2 x 3 x 3 year lease commenced in Nov 2019 with options available. - CPI. increases - A three months bond is required.

Trading Times
7 days - Mon - Sun 7 a.m. to 3 p.m. 5 days – Tue – Sat dinner till late

Size of Premises
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.

Opportunity
Reinstate Commercial Hotel Licence
Extend the trading hours, operate as a pub/restaurant in the evenings. Establish a catering side of the business.
Adaptable to any business model.

**Weekly**
Turnover (inc GST) $31,000
Wages $11,000
Rent $1,007
Net Profit $6,357
Contact Seller
Paul Leach
  • Paul Leach

Bsale ID: 529089

GSE Business Consultants
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