This business represents a rare opportunity to take over a successful Espresso Bar from a major speciality coffee brand at a very appealing price.
We have deliberately designed a very enticing package to attract an experienced Operator, and we have priced the business to demonstrate the Vendor's commitment to finding the right Operator.
Only experienced Operators with a track record in cafe's should enquire.
The business has enjoyed a solid turnover of an average of $20,912 plus GST per week for the last 12 months.
There is only light food served at the business, along with a truckload of coffee.
The lease has 1 and 1/2 years plus + a further 5 year option and the rental expenses as at October 2018 are $8,608 per month (ex GST) plus outgoings of $968 (ex GST) per month. The total rental expenses including outgoings are currently just 10% of revenue approx. It is also important to note that the outgoings also cover expenses that are normally additional expenses to the business such as air conditioning, building Insurance, pest control, fire protection, building security, water and sewerage rates.
This is truly one of those rare finds in the market, and we know this business will be in high demand so be sure to enquire today.
Revenue $ 1,087,406
Rent $ 98,132
Outgoings $ 698.08
*Al figures are quoted exclusive of GST
Very attractive sale price
Strong consistent turnover
Long lease 5 + 10
Low rent at just 10% approx.
Lease: Expires 31 July 2020 + 5 years
Annual Increases: CPI
Approved Trading Hours:
Monday to Friday - 7am to 4pm
Saturday and Sunday - 8am to 4pm
Buying a business is easy with Vision
"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "
(m) 0450 326 146
(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business