Cafe - Coffee - Restaurant

Business Code: GVGP1025


Key Features: Award winner

State: VIC

Location: Excellent location on the busiest street in South East Melbourne next to a newly renovated shopping centre.

Description

Cafe & espresso bar offering creative breakfast & brunch menu with in-house coffee roaster supplying coffee beans to numbers of cafes weekly in Melbourne. - Also offering a creative fusion menu for dinner including salads, pastas, risotto & assorted mains. - Beautiful courtyard and a private function room - one of the most popular places for private functions in South-East Melbourne. - Seating 100 inside & 30 outside.

Summary

  • Features: Multiple award winning specialty coffee beans - Award winning menu - Best New Cafe of 2017 rated by The Age - State of the art fitout.

  • Potential: 80% of the current takings comes from the breakfast and lunch section - huge potential to boost up sales for dinner if run by owner operator - The highest takings in a week was $80,000 when first opened.

  • Premises: This cafe is approx. 360 sq.mts, with 100 seats inside and 30 seats outside.

  • Trading Hours: 7 days - 7 a.m. - 11 p.m.

  • Lease: 5 + 5 year lease commenced on the 1st June 2017 - 2% annual increases - 3 month Bond

  • Employees: 8 full timers + 20 part-timers ( fully under management)

  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$47,000

Cost of Goods

$15,000

Gross Profit

$32,000

Rent

$10,400

Wages

$16,000

Outgoings

$400

Insurance

$87

Electricity

$1,625

Gas

$500

Coffee Kilos P/W

60

Total Expenses

$29,012

Estimated Stock (Additional)

$5,000

Equipment (Included)

$450,000

Net Profit

$2,988

Price

$400,000

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