Reduced Further - North Qld, Extremely Profitable & Award-winning Cafe

This hugely successful café would suit an owner operator or investor model. Whilst the current owner does have a small amount of hours rostered, this could easily be absorbed in broader roster of staff. An owner operator could comfortably add to the already impressive bottom line, by taking a more active role in the daily operations. Alternatively, an absent owner/investor could feasibly be looking at a fantastic ROI !

This business is a firm favourite with the local community offering coffee and meals, 7-days a week. A full complement of trained staff, with the owner not required to work ‘in the business’. This offers the next the perfect work/life balance within the booming hospitality trade.

The business footprint is a generous size of 111sqm with additional external licensed seating area. The café is fitted with a full commercial kitchen and all assets will be included in the sale, allowing for an easy transition and immediate operation.

Key points;

· 76% ROI (FY 2023 owners adjusted earnings)

· Seller willing to consider Vendor Financing for the right buyer

· $1.4m revenue (FY 2023)

· $388k owners adjusted earnings (FY 2023)

· Coffee sales of 70 -80kg per week

· Full complement of 24 rostered of staff

· Long standing business since 2009

· Incredibly loyal customer based of locals

· Excellent location within a shopping centre

· Internal and external seating - 84 seat capacity

· Outstanding 300+ Google Reviews averaging – 4.2*

· Situated in a rapidly growing suburb

· Easy access and parking on site

$499,000 + SAV – All genuine offers will be seriously considered. Please ensure that you are in a financial position to purchase this business prior to making an enquiry.

The photos in this ad are not a true representation of the business for sale.

Property Code: 139