Visit this listing at https://www.sbx.com.au/business?id=TTQE1078

Business Code: TTQE1078

Key Features: Espresso Bar selling 50 kgs. coffee p.w.

State: QLD

Suburb: Mcdowall, 4053

Location: Situated in an open village style shopping centre surrounded by residential and town houses.

Description

Cafe - Espresso bar selling approx. 50 kg's. coffee p.w. - Offering a simple breakfast and brunch menu, as well as a wide range of cakes, muffins and sweets. - Prep kitchen. - All equipment owned. - display fridge, coffee machine, under bar fridges, small flat grill, small oven, etc. - Seating approx. 46 outside under alfresco.

Summary

  • Features: Extremely low rent. - Loyal customer base. - Minimal cooking. - Regularly serviced and maintained equipment. - Popular coffee blend and quality food. - Excellent location.
  • Potential: Expand and update current menu. - Offer local catering for surrounding events, etc. - This business would suit 2 partners operating the business. - More local marketing. - Add Uber eats or Deliveroo. - Social media.
  • Premises: This business has an approx. area of 33m2 with additional shop front alfresco seating.
  • Trading Hours: 7 days. - Mon. - Sun. - 6:00 a.m. - 2:30 p.m.
  • Lease: 10 year lease commenced April, 2017 April. - C.P.I increases. - 3 months bond.
  • Employees: 1 owner + 3 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$5,000

Cost of Goods

$1,500

Gross Profit

$3,500

Rent

$537

Wages

$743

Telephone

$45

Insurance

$53

Electricity

$131

Misc1

$91

Coffee Kilos P/W

50

Total Expenses

$1,600

Estimated Stock (Additional)

$3,000

Equipment (Included)

$50,000

Net Profit

$1,900

Price

$220,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Espresso Bar - Cafe

Business Code: TTQE1078
Price: $220,000

Key Features: Espresso Bar selling 50 kgs. coffee p.w.

State: QLD

Suburb: Mcdowall, 4053

Location: Situated in an open village style shopping centre surrounded by residential and town houses.

Description

Cafe - Espresso bar selling approx. 50 kg's. coffee p.w. - Offering a simple breakfast and brunch menu, as well as a wide range of cakes, muffins and sweets. - Prep kitchen. - All equipment owned. - display fridge, coffee machine, under bar fridges, small flat grill, small oven, etc. - Seating approx. 46 outside under alfresco.

Summary

  • Features: Extremely low rent. - Loyal customer base. - Minimal cooking. - Regularly serviced and maintained equipment. - Popular coffee blend and quality food. - Excellent location.
  • Potential: Expand and update current menu. - Offer local catering for surrounding events, etc. - This business would suit 2 partners operating the business. - More local marketing. - Add Uber eats or Deliveroo. - Social media.
  • Premises: This business has an approx. area of 33m2 with additional shop front alfresco seating.
  • Trading Hours: 7 days. - Mon. - Sun. - 6:00 a.m. - 2:30 p.m.
  • Lease: 10 year lease commenced April, 2017 April. - C.P.I increases. - 3 months bond.
  • Employees: 1 owner + 3 casuals.
  • Sale Reason: Retirement.
  • Comments: Current owner works an average 30-35 hours per week. - Long established successful cafe. - All equipment owned. - Peak average sales $9,000 per week. - Excellent coffee sales. - This business has the opportunity for growth with a motivated operator. - Current owner is happy to assist and train for a smooth & easy transfer period.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$5,000

Cost of Goods

$1,500

Gross Profit

$3,500

Rent (ex GST)

$537

Wages

$743

Telephone

$45

Insurance

$53

Electricity

$131

Misc1

$91

Coffee Kilos P/W

50

Total Expenses

$1,600

Estimated Stock (Additional)

$3,000

Equipment (Included)

$50,000

Net Profit

$1,900

Price

$220,000

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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.