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Foyer Cafe - Espresso Bars - Brisbane CBD - (Code: T2944)

20% share of business

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Price: $265,000






Weekly Takings (inc GST) $50,000
Cost of Goods $16,500
Gross Profit $33,500
Rent $4,500
Wages $16,500
Outgoings $
Telephone $
Insurance $
Electricity $
Gas $
Misc 1 $5,000
Misc 2 $
Total Expenses $26,000
Net Profit $7,500
Coffee Kilos P/W 110.0

Estimated Stock

$20,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - Espresso Bars (2 separate locations) one with full kitchen - Both bars are doing a total of approx. 110 kgs. coffee p.w.- Both state of the art fitout, outstanding design and quality inclusions. - In the main espresso bar full cooked breakfast and great cafe style hot food is served with premade and made to order sandwiches and a range of patisseries. - In the other espresso bar there is no cooking with all food made in the other kitchen. - 35 seats inside - 65 seats outside - Licenced.

Potential
Huge office catering, private functions, and parties. - Business still growing with building 80% full - Will be fully leased within 3-6 months. - Potential to reach $60,000 per week..

Features
Over 110 kgs. coffee p.w. - Profitable - Long lease of over 13 years still available - Two separate espresso bars - Low rent -Outstanding quality - Huge commercial building with 20 % stil vacant - Enormous growth potential.

Premises
Two separate espresso bars with indoor / outdoor seating and combined area of approx. 250 sq.mts.

Location
Situated on street level under 34 storey commercial tower with 2 street entrances in prime CBD location.

Trading Hours
5 days - Mon. - Fri. - 6 a.m.- 5 p.m.

Lease
10 + 5 year lease expires July, 2031 - 6 month bond - 4% annual increases.

Employees
1 owner (Manager) + 1 owner (Barista) + 1 owner (chef) + 15 casuals.

Comments
This price will purchase 20% of the shares in the company that owns both businesses. - Also available is a Directorship and a working position within the businesses. - Owner Manager has 40% shares, chef has 20% shares and barista has 20%. - Figures provided above are based on $50,000 sales per week - Current sales average $43,000 per week. - Possibly the best two espresso bars available for sale in Brisbane. - Ideal long term investment or as an owner operator. - First time offered - rare opportunity.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXT2944

For more details please call (02) 9439 4403
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