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Iconic Cafe/Coffee Shop Brisbane Inner City Business For Sale Ref #9164

Under Contract / Offer

Brisbane City, Queensland

Iconic Cafe/Coffee Shop Brisbane Inner City Business For Sale Ref #9164

Situated in a strip of complementary businesses, in a high foot traffic location, at one of the most visited locations in the inner western suburbs of Brisbane.
The cafe exudes personality, bright, colourful and funky with food and service to match. Fantastic lease to 2023 with 2 x 5 year options.
This has become a local favoured location because of its relaxed and value for money offering, making it an outstanding must visit cafe.

* Net sale exceeding $23,000 per week
* 2018 sales of $1.17Million
* Delivering a net profit greater than $210,000 to an owner working part time
* Manager in place with well trained and friendly staff
* Lease to October 2023 with 2 x 5 year option
* Gross rent a magic 6.8% of turnover achieved
* 7 day business, days only
* Highly attractive fitout

There are very few cafes in Brisbane with the background and desirable location offered by this cafe / Coffee Shop.
Increased returns available to a working owner.

$400,000 + SAV

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 9164
https://absbusinesssales.com.au/confidentiality-agreement

Broker: Hugo Martin| E: hugo@absbrisbane.com | P: 0411 617 140
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com

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Last updated: 13th February 2019

Summary

Property Type
Business
Contract Type
Under Offer
Location
 Brisbane City
State
 Queensland
Price
Under Contract / Offer
Category
  • Catering
  • Restaurant
  • Takeaway Food

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Agency

ABS Business Sales - Brisbane

ABS Business Sales - Brisbane

Contact

Hugo Martin