Licenced - Cafe - Coffee

Business Code: TQZ1029


Key Features: Great opportunity

State: QLD

Suburb: New Farm, 4005

Location: Heritage listed brick building in prime Valley location.

Description

Cafe offering single origin bean coffee as well as the house signature blend using 35 kgs. per week - Newly implemented liquor license serving craft beer, imported canned beers along with red and white wines.- Breakfast, lunch and evening menu consists of smashed avocado & goat cheese on toast, jams and spreads, bacon & eggs, muesli, mushroom bagels, braised brisket burgers, mushroom burgers, BBQ chicken wings etc. - 40 seats inside.

Summary

  • Features: Beautiful building with unusual natural exposed brick interior and old world feel. -Good location. - Good social media presence. - Fantastic branding - Brisbane Cafe of the Year finalist.

  • Potential: Develop the new liquor licence and foster a bar culture. - Extend on evening menu. Two working owners will see a significant increase in profitability and savings to wages.

  • Premises: This business has an area of 56 sq.mts.

  • Trading Hours: 7 days - Mon. to Fri. - 7 a.m.- 3 p.m. - 5 nights - 3 p.m. - 11 p.m.

  • Lease: 2 years from June. 2016 + 3 year option.

  • Employees: 1 owner + 6 casuals

  • Comments: This is a solid business that has been well established and built by an experienced owner.- The business is a cut above with the fitout and branding being well developed & respected within industry circles. - Cafe has just been listed as one of 5 finalists for Brisbane Cafe of the Year. A strong coffee trade has been built. - The newest arm of the business is the alcohol licence which has only been in place since April 2016 and is starting to gain traction accompanied by a clever bar menu.- No hardcore food knowledge is required and full training is on offer to ensure a successful transition.. - Some changes are currently underway to help facilitate the bar menu and Licence.

Weekly Summary

Weekly Takings
(inc GST)

$10,000

Cost of Goods

$3,300

Gross Profit

$6,700

Rent

$850

Wages

$3,500

Insurance

$75

Electricity

$185

Misc1

$750

Total Expenses

$5,360

Estimated Stock (Additional)

$5,000

Equipment (Included)

$40,000

Net Profit

$1,340

Price

$189,000

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