Visit this listing at https://www.sbx.com.au/business?id=TTQE1062

Business Code: TTQE1062

Key Features: Large regular client base

State: QLD

Suburb: Brisbane, 4000

Location: Situated in the heart of Brisbane CBD in the foyer of a large commercial office building facing the street with river views and surrounded by office & hotel buildings

Description

Espresso Bar - Foyer Cafe selling an average of 28 kgs. coffee p.w. and also offering full breakfast & brunch menus, plus a range of grab & go items such as cakes, muffins, wraps, sandwiches & bacon and egg rolls. - Prep kitchen. - Walk in cool room, 2 glass cake display fridges, 3 group coffee machine, 1 grinder, plus many more utilities. - Seating 50 inside - 10 outside.

Summary

  • Features: Faces street with heavy foot traffic - Two office buildings attached to the same foyer. - Large regular clientele base. - Simple cooking. - High ratings online. - Two locations.
  • Potential: Office building situated above only has 60% tenancy rate, which is currently in the process of being filled. - No local marketing is being done for surrounding offices & hotels. - Could expand on catering with the above building.
  • Premises: This business has an estimated area of 150 m2, with additional storage.
  • Trading Hours: 5 days - Mon. - Fri. - 6:00 a.m. - 3:30 p.m.
  • Lease: 5 year lease expires Feb.2023 - C.P.I increases. - No bond.
  • Employees: 1 owner + 2 full timers.
  • Comments: Outgoings included in the rent shown - All equipment owned outright. - This business needs 2 hands on owner operators to increase the profit margins. - First time being offered for sale in 7 years. - The second small espresso bar which has been operating for 5 years, is closed to the public and only services the offices located within that commercial building. - It has a small prep section with a coffee machine, fridges, freezers & dry storage spaces. -This second location pays no rent and has no lease and is run by 1 full time staff member working 8 hours per day. - Very rare opportunity. - Selling below fit out cost. - Peak sales average $8,000 - $9,000 per week. - Owner is happy to assist with a smooth transition process.

Weekly Summary

Weekly Takings (inc GST)

$7,500

Cost of Goods

$1,800

Gross Profit

$5,700

Rent

$1,250

Wages

$1,625

Telephone

$10

Insurance

$20

Electricity

$350

Misc1

$645

Coffee Kilos P/W

28

Total Expenses

$3,900

Estimated Stock (Additional)

$3,000

Equipment (Included)

$140,000

Net Profit

$1,800

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Foyer Cafe - Espresso Bar

Business Code: TTQE1062
Price: $150,000

Key Features: Large regular client base

State: QLD

Suburb: Brisbane, 4000

Location: Situated in the heart of Brisbane CBD in the foyer of a large commercial office building facing the street with river views and surrounded by office & hotel buildings

Description

Espresso Bar - Foyer Cafe selling an average of 28 kgs. coffee p.w. and also offering full breakfast & brunch menus, plus a range of grab & go items such as cakes, muffins, wraps, sandwiches & bacon and egg rolls. - Prep kitchen. - Walk in cool room, 2 glass cake display fridges, 3 group coffee machine, 1 grinder, plus many more utilities. - Seating 50 inside - 10 outside.

Summary

  • Features: Faces street with heavy foot traffic - Two office buildings attached to the same foyer. - Large regular clientele base. - Simple cooking. - High ratings online. - Two locations.
  • Potential: Office building situated above only has 60% tenancy rate, which is currently in the process of being filled. - No local marketing is being done for surrounding offices & hotels. - Could expand on catering with the above building.
  • Premises: This business has an estimated area of 150 m2, with additional storage.
  • Trading Hours: 5 days - Mon. - Fri. - 6:00 a.m. - 3:30 p.m.
  • Lease: 5 year lease expires Feb.2023 - C.P.I increases. - No bond.
  • Employees: 1 owner + 2 full timers.
  • Comments: Outgoings included in the rent shown - All equipment owned outright. - This business needs 2 hands on owner operators to increase the profit margins. - First time being offered for sale in 7 years. - The second small espresso bar which has been operating for 5 years, is closed to the public and only services the offices located within that commercial building. - It has a small prep section with a coffee machine, fridges, freezers & dry storage spaces. -This second location pays no rent and has no lease and is run by 1 full time staff member working 8 hours per day. - Very rare opportunity. - Selling below fit out cost. - Peak sales average $8,000 - $9,000 per week. - Owner is happy to assist with a smooth transition process.

Weekly Summary

Weekly Takings
(inc GST)

$7,500

Cost of Goods

$1,800

Gross Profit

$5,700

Rent (ex GST)

$1,250

Wages

$1,625

Telephone

$10

Insurance

$20

Electricity

$350

Misc1

$645

Coffee Kilos P/W

28

Total Expenses

$3,900

Estimated Stock (Additional)

$3,000

Equipment (Included)

$140,000

Net Profit

$1,800

Price

$150,000

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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.