New Farm, Queensland 4005
Cafe/Coffee Shop The Beating Heart of the Precinct Business For Sale #3732
For Sale | $220,000 + SAV
The sellers have nurtered this business to its current good health and want to ensure that a new owner will pick up the reins and apply the diligent care that they feel they owe to the surrounding community.
It provides Breakfast and Lunch operating from 6:30am to 2:30pm seven days a week. This is done in contemporary décor and with outdoor seating available. The menu is creative and modern with an all-day breakfast on offer. The café is also licenced.
The turnover is $16,000 - $17,000 per week net of GST with an adjusted net profit of approximately$130,000 in the financial year 2017/18.
The tenure that the lease offers ensures the new owners will have plenty of opportunity to meet their financial goals and the financials available offer a high level of tranparency regarding the profitability.
Rent is about 8% of turnover which leaves plenty of room for a healthy profit margin.
This business is well priced as well as well presented. You will do yourself a favour by visiting for a coffee, looking at the information memorandum and making an appointment for an inspection.
Price $220,000 plus SAV ($5,000)
Broker: Harry Notaras 0434 344 email@example.com
Head Office: 07 3368 firstname.lastname@example.org
For more information about this excellent opportunity complete the Confidentiality Agreement. Quote reference no: 3732