Exclusive Listing!
This Coffee Shop has only been established less than 12 months ago and already has gross sales of over $16,000.00 per week with some weeks reaching $20,000.00!! Opens only for breakfast & lunch with a 2pm close.
Run under management with experienced kitchen and front of house staff. Loyal following and very popular with the locals, near-by office & retail workers.
Financials for 2024 show current maintainable earnings to an owner-operator of over $175,000.00 or $120,000.00 under management.
Short trading hours of 6am to 2pm.
Great indoor and outdoor seating area. Cost over $300,000.00 to set up less than 12 months ago nothing to spend as equipment still under warranty! Plenty of on-site parking.
Excellent lease 7-year lease with a further 7-year option in place. Rent and outgoings equates to less than 10% of turnover!
Broker's Comments:
An excellent opportunity for an astute businessperson to continue running as is under management or be hands-on and further save on wages. Start making money from day one!
Overview:
Financials show current weekly gross sales of over $16,000.00 to $20,000.00.
Rent & Outgoings: $1,382.00 + GST per week.
Lease: Expires September 2030 plus 1 x 7-year option.
Price: Only $395,000 plus SAV.
Code: 303726