Brisbane City, Queensland 4000

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

For Sale | $400,000 + SAV

Catering Restaurant Takeaway Food

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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Overview

This Catering Business is one of 373 businesses for sale in Brisbane Central, Queensland, and one of 16 Catering Businesses in this region that a business for sale currently has on offer. This Catering Business is for sale in Brisbane Central for the asking price of $400,000 + SAV and has been on market for less than 3 months.