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Cafe/Coffee Shop - Turnover reaching $19K per week and growing Ref: 2517

SOLD

Brisbane City, Queensland

Cafe/Coffee Shop - Turnover reaching $19K per week and growing Ref: 2517

This opportunity needs to be seen to be believed!

We Will Assist You to grow the business, !

Ideal opportunity to own a long established cafe located within one of the largest regional shopping centres at Morayfield, in Qld, just 30mins north of Brisbane. This cafe has been in the same location for 7 years and has just been rebranded and is not a franchise. The new rebranding of this location has seen sales significantly increase week on week. It is possible, with current sales trend, to see this cafe turnover $1Million in its first year, under this new Brand. A simple, easy to prepare menu with loyal staff and clientele with high volume coffee sales. The business operates shopping centre hours. It is located on a busy walkway near a major entry, outside 2 major big box retailers.

* Easy to prepare menu with signature cafe menu items;
* Strong coffee sales with approx. 35-45kgs of coffee bean usage each week;
* Fully equipped cooking kitchen plus internal seating area for 60;
* Gross sales are currently between $17,000 and $19,000 per week and growing with GP of over 72%;
* Excellent long term lease to late 2018 with recent major Brand refresh just completed.

This is not a franchise and no franchise fees will be taken, however, it is expected you will continue under the same brand with the same food and beverage supply arrangement. You will have access to unbeatable National pricing on a quality coffee brand with a global beverage company. Two working owners maintaining the current sales and margins could earn more than $200K per year. Opportunities to grow early morning and afternoon trade and promote to 1,500 working retailers in the centre and the local community is your cream. This business is currently operated by the manager and 10 casual staff with the owner only providing minimal supervisory assistance if needed and is selling due to expansion. Although there are qualified Baristas in place, we will have regular Barista training available in the coffee company's state of the art training facility. What more could a cafe buyer want with a recent refreshed d├ęcor already completed and Lease to late 2018 within this busy north side Brisbane shopping centre. This is your chance to get in on the ground floor of an expanding cafe Brand, backed by highly experienced Hospitality retailers and take advantage of National pricing.

Priced at $170,000 + $5,000 SAV.

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

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Last updated: 23rd January 2016

Summary

Property Type
Business
Contract Type
Sold
Location
 Brisbane City
State
 Queensland
Price
SOLD
Category
  • Cafe/Coffee Shop
  • Food/Beverage
  • Retailer

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Agency

ABS Business Sales - Brisbane

Contact

Hugo Martin

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