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Cafe in prime neighbourhood AO

$249,000

Southport, Queensland

Cafe in prime neighbourhood AO

I am so happy to introduce this business to you.

This cafe not only provides great food and service but is also a strong business model.

It has low food and staffing costs and rent at 10% of the turnover which proves the current owners are strong business people as well as cafe operators. The potential to gain from their training on continuing to ensure a strong profit margin is invaluable and should be take full advantage of.

The amount of care put into this cafe shows that by valuing the customers and getting the basics right, a 20% profit margin is achievable.

It is rare to find a centre that enforces minimal restrictions on trade. Enjoy the traffic flow of a centre which houses a major supermarket but does not enforce strict trading hours or renovations.

The position is unheard off and by being the only cafe / coffee offering within the centre continued success is guaranteed. The staff are also an added bonus with a long term team in place.

This cafe is worth viewing with a strong business and untapped potential to grow it is a smart investment for an owner operator looking to build a strong local business.

Get in contact for more information and to arrange an inspection.


Revenue
$697,551 - Fy 2019

Rent
$4942 + gst per month

Asking Price
$245,000

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Last updated: 22nd January 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Southport
State
 Queensland
Price
$249,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

Business Brokers Network

Business Brokers Network

Contact

Ali Orchard