Sold-busy Cafe In Growing Major Southern Suburb - Morphett Vale, Sa

Morphett Vale, South Australia 5162

SOLD

Key Features

AI generated. Contact seller to confirm.

No competition within 3km radius
Growth rate approx. 30% per annum
Quality fit-out designed for purpose
Easy parking and wheelchair access
Quick access to food raw materials
Opportunity to extend trading hours

Turnover: $608,000 (based on half yearly turnover of $304k)
Net Profit: Not disclosed
Rent/Lease: Lease in place
Stock Value: Included
Established: Not disclosed

Business Details

Business Category Cafe Restaurant Takeaway

Business ID: BS152736

No Competition – Purpose-Built Fit-Out – Perfect Location

Perfectly positioned in Adelaide’s largest suburb, Dee Dee’s Café is on track to deliver its highest turnover in 4 years in 2023!

With no competition within a 3km radius – and still more growth potential – the prominent location saves on marketing costs and attracts a constant stream of customers.

Opportunities for incentive partnerships with surrounding business have not yet been utilized - Uber or Menulog could be initiated to bring in more revenue.

- Half Yearly Turnover $304k - Growth rate approx. 30% pa - Gross Margin 66%

- Business hours 8am -3pm - does not compete with other food stores

- All Day Breakfast + small lunch menu – Potential to extend trading hours

- Quality fit out designed and built to be fit for purpose

- Perfectly located with easy parking and wheelchair access

- Quick easy access to food raw materials from adjacent businesses

- Opportunity to change from EFTPOS to SmartPay to significantly reduce cost

Assets valued at approx. $52k+ - Handover training for up to 1 month

Owners selling due to going traveling.

Price: $160,000 ONO

Property Code: 3255