Fortitude Valley, Queensland 4006

PRICE REDUCED! Coffee Shop in Leafy Depths of Inner City Business For Sale #9145

For Sale | $115,000 WIWO

Catering Restaurant Takeaway Food

This coffee shop is open 7 days a week servicing its local area which is growing in population as a result of new apartement construction.

Turnover: $365,000 approximately
Adjusted Profit: $130,000 approximately
Rent: $1,800 pcm all inclusive

It inhabits a historical little corner store that is as cute as a button.

The coffee it sells is a unique blend made for the shop and it sells about 20 kg per week. The owner does not spend much time in the shop and does not draw a wage although a working owner would make about $130,000 per year from it.

You will be hard pressed to find a better rent for a location like this and tenure is in place until 2021. A further option would be available for a suitable tenant.

Simple foods such as burgers and all day breakfasts are sold here. Trust me, it is not complicated

Asking Price: $115,000 WIWO


Broker: Harry Notaras 0434 344 282/harry@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

For more information about this excellent opportunity complete the Confidentiality Agreement.
Quote reference no: 9145
https://absbusinesssales.com.au/confidentiality-agreement


Home Based: No.
Franchise: No.
Year Established: 2010.
Year Acquired: 2011.
Is Freehold Included: No.
Is Freehold Available: No.
Licences Required: Food Licence.
Willing to Train: Yes.
Relocatable: No.
Seller Restriction: Yes.
Full Time Employees: Nil.
Part Time Employees: Nil.
Casual Employees: All Casual.

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Harry Notaras



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Harry Notaras

ABS Business Sales

Overview

This Catering Business is one of 27 businesses for sale in Northgate, Queensland, and one of 19 Catering Businesses in this region that a business for sale currently has on offer. This Catering Business is for sale in Northgate for the asking price of $115,000 WIWO and has been on market for less than 3 months.