Visit this listing at https://www.sbx.com.au/business?id=TTQE1069

Business Code: TTQE1069

Key Features: Very high customer rating - Amazing fitout

State: QLD

Suburb: Brisbane, 4000

Location: Positioned on the corner of two major CBD streets, situated in one the largest commercial towers within the city.

Description

Cafe - Espresso Bar - Takeaway selling approx. 30 - 35kg's of coffee p.w.. - Full breakfast & lunch menu offering a New York style deli & grill with gourmet sandwiches, salads, juices, pastas, artisan cakes & muffins plus much more. - Full commercial kitchen. - Seating 50 outside & 10 inside.

Summary

  • Features: Very high customer rating. - Excellent reputations in both catering & shop experiences. - Opposite major new development - Amazing unique fit out. - Fit out costs $650K. - Very rare location. - 5 day business. - Extremely long lease.
  • Potential: Focus on expanding catering. - More marketing offering specials to surrounding offices, etc. - This business needs 2 experienced owners operating the business to minimise wage expenses. - Expand trading hours.
  • Premises: This business has an approx. area of 77m2 + additional shop front seating area.
  • Trading Hours: 5 days - Mon. - Fri. - 6:00 a.m. - 4:00 p.m.
  • Lease: 15 year lease expiries Sept. 2029 September + 5 year option. - C.P.I increases. - 3 month bond.
  • Employees: 1 owner + 1 full time Manager + 6 casuals.
  • Comments: Rent calculations above include outgoings. - Figures displayed as a full time owner operating the business taking over current managers position who is being paid $1,400 p.w.. - This business has the potential to trade $27-28K plus in sales per week. - All equipment owned outright. - This is an amazing rare opportunity to secure a long established and profitable business. - The current owner works 20-22 hours per week, mainly administration work and overseeing everything. - First time being offered on the market.

Weekly Summary

Weekly Takings (inc GST)

$22,500

Cost of Goods

$7,500

Gross Profit

$15,000

Rent

$2,375

Wages

$6,600

Telephone

$50

Electricity

$500

Gas

$50

Misc1

$925

Coffee Kilos P/W

30

Total Expenses

$10,500

Estimated Stock (Additional)

$5,000

Equipment (Included)

$150,000

Net Profit

$4,500

Price

$599,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Espresso Bar - Takeaway - Cafe

Business Code: TTQE1069
Price: $599,000

Key Features: Very high customer rating - Amazing fitout

State: QLD

Suburb: Brisbane, 4000

Location: Positioned on the corner of two major CBD streets, situated in one the largest commercial towers within the city.

Description

Cafe - Espresso Bar - Takeaway selling approx. 30 - 35kg's of coffee p.w.. - Full breakfast & lunch menu offering a New York style deli & grill with gourmet sandwiches, salads, juices, pastas, artisan cakes & muffins plus much more. - Full commercial kitchen. - Seating 50 outside & 10 inside.

Summary

  • Features: Very high customer rating. - Excellent reputations in both catering & shop experiences. - Opposite major new development - Amazing unique fit out. - Fit out costs $650K. - Very rare location. - 5 day business. - Extremely long lease.
  • Potential: Focus on expanding catering. - More marketing offering specials to surrounding offices, etc. - This business needs 2 experienced owners operating the business to minimise wage expenses. - Expand trading hours.
  • Premises: This business has an approx. area of 77m2 + additional shop front seating area.
  • Trading Hours: 5 days - Mon. - Fri. - 6:00 a.m. - 4:00 p.m.
  • Lease: 15 year lease expiries Sept. 2029 September + 5 year option. - C.P.I increases. - 3 month bond.
  • Employees: 1 owner + 1 full time Manager + 6 casuals.
  • Comments: Rent calculations above include outgoings. - Figures displayed as a full time owner operating the business taking over current managers position who is being paid $1,400 p.w.. - This business has the potential to trade $27-28K plus in sales per week. - All equipment owned outright. - This is an amazing rare opportunity to secure a long established and profitable business. - The current owner works 20-22 hours per week, mainly administration work and overseeing everything. - First time being offered on the market.

Weekly Summary

Weekly Takings
(inc GST)

$22,500

Cost of Goods

$7,500

Gross Profit

$15,000

Rent (ex GST)

$2,375

Wages

$6,600

Telephone

$50

Electricity

$500

Gas

$50

Misc1

$925

Coffee Kilos P/W

30

Total Expenses

$10,500

Estimated Stock (Additional)

$5,000

Equipment (Included)

$150,000

Net Profit

$4,500

Price

$599,000

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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.