Sold! Highly Profitable Cafe In Central Albury, Nsw

BS147640, Albury, New South Wales 2640

SOLD

Key Features

AI generated. Contact seller to confirm.

Highly profitable cafe in central Albury
Loyal customer base with consistent sales
Fresh fit-out and good working equipment
Open 6 days a week, 7am to 2pm
Strong potential for increased revenue
Excellent location with high foot traffic

Turnover: $550,000
Net Profit: $170,000
Rent/Lease: Lease in place, 5+5 years from January 2018
Stock Value: Included
Established: Not disclosed

Business Details

Business Category Cafe Takeaway

Business ID: BS147640

Profit to Owner Operator $170k+ Sale Price $240,000

A highly profitable and popular cafe in a busy, high exposure position in the heart of Albury. This is a rare opportunity to own this well run and successful cafe with long trading history.

With a loyal and consistent customer base, this cafe offers a range of breakfast and lunch options with fantastic coffee and juices.

-Annual sales in excess of $550,000
-The cafe is fresh and bright with all Plant & Equipment in good working order
-Well designed and appealing fit-out
-Open 6 days per week, early morning to 2 pm.
-Strong potential to increase weekly takings by extending trading hours and exploring evening trade
-Excellent team of 7+ staff, very efficient and profitable operation
-Superb location with a high volume of foot traffic and ample street parking
-Very competitive lease, 5+5 years commencing in January 2018

Handover and training available, if required.

This business is the perfect opportunity for an experienced operator or first time buyer (ideally a cook or chef). The cafe is located in a prime trading position, has a well established customer base, and operates a highly profitable model from simple food and drink offering.

Asking Price: $240,000 + stock at valuation