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Established Cafe with Cheap Rent & Profits in Excess of $100k

$160,000

Brisbane Region, Queensland

Established Cafe with Cheap Rent & Profits in Excess of $100k

 

Neighborhood cafe located on one of Brisbane's major inbound arterial roads just 10 minutes away from the CBD with very little competition. Total area of 115 square meters and record low rent, offering a very healthy income ($100k+) to owner operators.

Highlights
- Incredible low Rent of $27,000 at 5.3% of Annual Turnover
- Lease expiry 2023 + 5 Years Option
- 7 Day Operation (7am - 2pm)
- Closed on public holidays & January
- 18,000+ collective fans across social media
- Featured in over 15 high traffic news outlets, including the courier mail
- Profitable with a yearly return of approx $119,000 to one working owner
- Opportunity to extend trading hours / Fully licensed currently serving cocktails, wine and beer

To receive a full information package complete a confidentiality agreement at http://www.linkbusiness.com.au/businesses-for-sale/ca/BR00826
Ref: BR00826
Timestamp: 20191121070024

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Last updated: 21st November 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Brisbane
State
 Queensland
Price
$160,000
Category
  • Cafe/Coffee Shop

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