Profitable Niche Cafe In Prime Suburban Location

Business Sold Brisbane, Queensland 4000

Business Category Cafe and Coffee Shop

SOLD

Description

Profitable Niche Cafe In Prime Suburban Location

Fantastic return on investment!! Over $250k to owner last year! This is priced to sell.

Successful, long standing, popular andprofitable cafe in high end Brisbane suburb. Coffee, sandwiches, and speciality of ham off the bone. Additional income withretail specialty goods and simple catering. Great long term and reliable staff in place, makes this a greatopportunity for owner operator or put under management and enjoy a semi passive investment.

Busy all year around as a coffee shop,speciality food goods, and retail storewith key outstanding sales months for catering across Easter, Mother's Day and Melbourne Cup with peak Christmas December sales in excess of $37,000 a week.

It is perfectly located in anopen suburban strip with plenty of parking as well as regular foot traffic.

Key points:

- Annual turnover$900k+ FY23
- Well established iconiccafe
- Recently refurbished giving a fresh modern look
- New Square POS
- Located in suburban shopping complex with lots of parking
- New 6 year lease
- Rent $5,285 + GST / month (6.7% of turnover)
- Knowledgeable and reliable staff members that can run the shop without the owner
- All equipment in great condition and regularly serviced. No leases on any equipment

Fantastic opportunity to acquire a proven successful business in the hospitality sector.

PRICE REDUCTION$249,000 + stock

Enquire now for more details on this opportunity.

Business Broker: LuisaHeenan
Ref: BR01377
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX

LINK Business Brokers Brisbane
7/63AnnerleyRd,WoolloongabbaQLD 4102
Ph: XXXXXXXXXX
Ref: BR01377
Timestamp: XXXXXXXXXX 3003
Contact Seller

Bsale ID: 593638
Broker REF: BR01377

Link Brisbane