Visit this listing at https://www.sbx.com.au/business?id=TTQE1067

Business Code: TTQE1067

Key Features: Top cafe - Well known - Run under management

State: QLD

Suburb: New Farm, 4005

Location: Situated in a very vibrant residential area, located 5 mins from the Brisbane CBD.

Description

Cafe - Espresso Bar selling approx. 35-40 kgs. coffee p.w.. - Offering a very creative but simple diverse breakfast, brunch and lunch menu. - Also sells a range of delicious cakes and treats all made & baked on site. - Menu items include house made omelettes, risottos, Moroccan salads, Budda bowls, Acai bowls and many other vegan, vegetarian options available. - Full commercial kitchen. - Seating 60 inside - 80 outside offering a unique contemporary indoor & outdoor dining experience.

Summary

  • Features: Extremely loyal & regular customer bases. -Rated amongst the top of Brisbane's best cafes - No competition - Large social media following - Excellent food reputation - Spectacular fit out.
  • Potential: Introduce more functions and venue event specials. - More local marketing to surrounding suburbs. - Currently has liquor license, expand trading hours operating nights and evenings would increase sales significantly. - Add Uber eats & Deliveroo. - This business needs a full time owner operator
  • Premises: This business has an area of approx. 147m2 + additional outside seating area.
  • Trading Hours: 7 days. - Mon. - Sun. - 6:30 a.m. - 3:00 p.m.
  • Lease: New 3 + 3 year lease is currently being signed. - C.P.I increases. - 2 months bank guarantee.
  • Employees: 1 owner + 1 Manager + 3 full timers + 5 casuals.
  • Comments: Peaks sales average over the weekend trade. - The current Manager works an average 50 hours p.w.. - All equipment is owned. - Rent above includes electricity. - This cafe is well known for is warm service and premium food quality. - Current owner is happy to assist with a smooth transition period. - This cafe is the oldest cafe in the area. - First time being placed on the market. - Figures calculated above are based of an owner operator. - Current Manager's wage of $65k p.a. has been removed from wages and added to net profit.

Weekly Summary

Weekly Takings (inc GST)

$15,500

Cost of Goods

$4,658

Gross Profit

$10,842

Rent

$1,102

Wages

$6,433

Telephone

$17

Insurance

$103

Misc1

$187

Coffee Kilos P/W

35

Total Expenses

$7,842

Estimated Stock (Additional)

$4,000

Equipment (Included)

$110,000

Net Profit

$3,000

Price

$240,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso Bar - Under Management

Business Code: TTQE1067
Price: $240,000

Key Features: Top cafe - Well known - Run under management

State: QLD

Suburb: New Farm, 4005

Location: Situated in a very vibrant residential area, located 5 mins from the Brisbane CBD.

Description

Cafe - Espresso Bar selling approx. 35-40 kgs. coffee p.w.. - Offering a very creative but simple diverse breakfast, brunch and lunch menu. - Also sells a range of delicious cakes and treats all made & baked on site. - Menu items include house made omelettes, risottos, Moroccan salads, Budda bowls, Acai bowls and many other vegan, vegetarian options available. - Full commercial kitchen. - Seating 60 inside - 80 outside offering a unique contemporary indoor & outdoor dining experience.

Summary

  • Features: Extremely loyal & regular customer bases. -Rated amongst the top of Brisbane's best cafes - No competition - Large social media following - Excellent food reputation - Spectacular fit out.
  • Potential: Introduce more functions and venue event specials. - More local marketing to surrounding suburbs. - Currently has liquor license, expand trading hours operating nights and evenings would increase sales significantly. - Add Uber eats & Deliveroo. - This business needs a full time owner operator
  • Premises: This business has an area of approx. 147m2 + additional outside seating area.
  • Trading Hours: 7 days. - Mon. - Sun. - 6:30 a.m. - 3:00 p.m.
  • Lease: New 3 + 3 year lease is currently being signed. - C.P.I increases. - 2 months bank guarantee.
  • Employees: 1 owner + 1 Manager + 3 full timers + 5 casuals.
  • Comments: Peaks sales average over the weekend trade. - The current Manager works an average 50 hours p.w.. - All equipment is owned. - Rent above includes electricity. - This cafe is well known for is warm service and premium food quality. - Current owner is happy to assist with a smooth transition period. - This cafe is the oldest cafe in the area. - First time being placed on the market. - Figures calculated above are based of an owner operator. - Current Manager's wage of $65k p.a. has been removed from wages and added to net profit.

Weekly Summary

Weekly Takings
(inc GST)

$15,500

Cost of Goods

$4,658

Gross Profit

$10,842

Rent (ex GST)

$1,102

Wages

$6,433

Telephone

$17

Insurance

$103

Misc1

$187

Coffee Kilos P/W

35

Total Expenses

$7,842

Estimated Stock (Additional)

$4,000

Equipment (Included)

$110,000

Net Profit

$3,000

Price

$240,000

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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.