Visit this listing at https://www.sbx.com.au/business?id=F3372Q

Business Code: F3372Q

Key Features: Cafe - Bar Sales $18500 pw Nett $3700 pw - Beautifully presented

State: QLD

Suburb: Bulimba, 4171

Location: Great location in the heart of busy main road in one of Brisbane's busiest residential suburbs approx. 4 klms. North-East of the CBD, on the Southern bank of the Brisbane River.

Description

Cafe serving high quality cafe style food including brunch board - smashed avocado - haloumi stack and pumpkin frittata. - Using 18 - 20 kgs. coffee p.w. .The business was established in 2007 and has since become an icon in one of Brisbane's premium hospitality precincts, - Great customer service and a friendly atmosphere. - This cafe has been beautifully set up with a light filled open dining area and is well equipped, including a full commercial kitchen, large display fridges and more. - 58 seats inside - Licenced.

Summary

  • Features: Averaging sales of $20,000 p.w. including gst + or minus ten percent .Very popular amongst locals, with majority returning often. - Google reviews with average rating of 4.6.
  • Potential: Currently kitchen closes at 2 pm. - Could increase trading hours. - Improve social media presence - Great opportunity for dinner trade and functions
  • Premises: The premises are in really good condition with an area of 155 sq. mts.
  • Trading Hours: 7 days a week - 7 a.m - 3 p.m.
  • Lease: Current lease expires 31st. Aug. 2023 - C.P.I. annual increases - 3 month bond - New lease can be negotiated with suitably qualified buyer. - No rental increases since 01.01.2019.
  • Employees: Two owners ( 5 days a week each during the week) + 1 full time chef + 2 casual cooks + 2 casual kitchen hands + 3 casual waitress + 1 casual barista - total 9 staff.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$18,500

Cost of Goods

$4,700

Gross Profit

$13,800

Rent

$1,603

Wages

$6,200

Telephone

$25

Insurance

$70

Electricity

$250

Gas

$70

Misc1

$282

Misc2

$1,600

Coffee Kilos P/W

20

Total Expenses

$10,100

Estimated Stock (Additional)

$10,000

Net Profit

$3,700

Price

$259,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Bar

Business Code: F3372Q
Price: $259,000
+ Estimated SAV $10,000

Key Features: Cafe - Bar Sales $18500 pw Nett $3700 pw - Beautifully presented

State: QLD

Suburb: Bulimba, 4171

Location: Great location in the heart of busy main road in one of Brisbane's busiest residential suburbs approx. 4 klms. North-East of the CBD, on the Southern bank of the Brisbane River.

Description

Cafe serving high quality cafe style food including brunch board - smashed avocado - haloumi stack and pumpkin frittata. - Using 18 - 20 kgs. coffee p.w. .The business was established in 2007 and has since become an icon in one of Brisbane's premium hospitality precincts, - Great customer service and a friendly atmosphere. - This cafe has been beautifully set up with a light filled open dining area and is well equipped, including a full commercial kitchen, large display fridges and more. - 58 seats inside - Licenced.

Summary

  • Features: Averaging sales of $20,000 p.w. including gst + or minus ten percent .Very popular amongst locals, with majority returning often. - Google reviews with average rating of 4.6.
  • Potential: Currently kitchen closes at 2 pm. - Could increase trading hours. - Improve social media presence - Great opportunity for dinner trade and functions
  • Premises: The premises are in really good condition with an area of 155 sq. mts.
  • Trading Hours: 7 days a week - 7 a.m - 3 p.m.
  • Lease: Current lease expires 31st. Aug. 2023 - C.P.I. annual increases - 3 month bond - New lease can be negotiated with suitably qualified buyer. - No rental increases since 01.01.2019.
  • Employees: Two owners ( 5 days a week each during the week) + 1 full time chef + 2 casual cooks + 2 casual kitchen hands + 3 casual waitress + 1 casual barista - total 9 staff.
  • Sale Reason: Family reasons.
  • Comments: The coffee machine and grinder are currently on lease by the vendor.The vendor is offering a trial at $18500 + or - ten percent.Misc 2 is gst payable .

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$18,500

Cost of Goods

$4,700

Gross Profit

$13,800

Rent (ex GST)

$1,603

Wages

$6,200

Telephone

$25

Insurance

$70

Electricity

$250

Gas

$70

Misc1

$282

Misc2

$1,600

Coffee Kilos P/W

20

Total Expenses

$10,100

Estimated Stock (Additional)

$10,000

Net Profit

$3,700

Price

$259,000
+ Estimated SAV $10,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.