This well-established and locally beloved café presents a fantastic opportunity for a new owner-operator to take over a profitable and growing venture. Boasting an impressive net profit margin of 24%, this business is primed for success with a modern and attractive fit-out, low operating costs, and efficient management practices.
Renowned for its exceptional coffee, food, and service, the café has built a strong reputation within the local community. It's an ideal opportunity for a first-time business owner with industry experience, offering a chance to step into a thriving business with a solid foundation.
With consistent year-on-year growth, the new owner will have an excellent opportunity to further capitalize on this proven success and continue the upward trajectory in sales.
Key Highlights:
-Impressive Financials: Enjoy a strong 24% net profit margin, with consistent growth demonstrated by a 19% revenue increase from FY23 to FY24.
-Secure Long Lease: Benefit from a long-term lease until 2030 with an additional 5-year option, ensuring stability for years to come.
-Low Occupancy Costs: Take advantage of super low occupancy expenses and desirable lease terms, enhancing overall profitability.
-Efficient Operations: The business operates 6 days a week with well-managed food costs and is closed during Christmas and Easter holidays, allowing for a balanced work-life schedule.
-Turnkey Operation: The business is fully fitted with modern equipment and an attractive design, requiring no immediate additional investment.
-Financials: Full financials are available for qualified buyers, providing confidence and insight into the business's strong performance.
This is a rare opportunity to acquire a growing business with proven profitability and a solid foundation for continued success. Don't miss out on this chance to own a thriving operation that ticks all the boxes.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
An attractive 8 Year Lease plus 5 year option commenced Nov 2021
Gross Base Rent $39,465 plus GST per annum
Staff Details
The business currently operates with the owner operators plus
1 x Full Time Barista
4 x FOH casuals
Opening Hours
Monday Saturday 7am 2.30pm
Sundays - Closed
