Cafe - Restaurant - Bar

Business Code: T2871


Key Features: Two businesses

State: QLD

Suburb: Brisbane, 4000

Location: Foyer cafe under very large City office tower and bar with large outdoor seating overlooking river.

Description

Foyer cafe + separate licenced bar with full commercial kitchen. - Cafe currently selling 60 kgs. coffee p.w., large range of Italian patisseries, sandwiches, pasta, salads and burgers. - Both lunch and night time Bar also serving range of food platters and some tappas style food. -Spectacular view on large balconies looking over the Brisbane river.- 50 seats inside - 50 seats outside.

Summary

  • Features: Stunning location - Very low rent only 3.5% of sales. - Very long 15 years lease. - Profitable.

  • Potential: Couldl reach $80-90,000 per week. - This business is barely 12 months old and growing strongly.

  • Premises: Foyer cafe with under cover seating and licenced Bar with outside and under cover seating and a total area of approx. 450 sq. mts.

  • Trading Hours: 5 days - Cafe - Mon. -Fri. - 6 a.m.- 5 p.m. - 6 days - Bar - Mon. - Sat. - Lunch and dinner

  • Lease: 15 years from July, 2014.

  • Employees: 1 Manager + 2 chefs + 15 casual staff

  • Comments: Outstanding opportunity to purchase very large business with large cafe income and bar income. -

Weekly Summary

Weekly Takings
(inc GST)

$70,000

Cost of Goods

$21,000

Gross Profit

$49,000

Rent

$2,400

Wages

$24,500

Misc1

$7,100

Total Expenses

$34,000

Estimated Stock (Additional)

$25,000

Net Profit

$15,000

Price

$2,000,000

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