The Gourmet on Main

$149,000 + SAV ($10,000 approx.)

Web ID: F1397

Business Description

Located in a vibrant and bustling retail precinct of the Adelaide foothills, this café is not like the rest!  With the inclusion of specialty gourmet retail lines, this store goes beyond the norm and stocks the highest quality European & Australian smallgoods and cheeses plus creates delicious designer antipasto platters for customers to take home.

Operating for over 11 years, not only offering you your morning caffeine boost, but their range of take home gourmet goodies as well, the fresh smells, quality produce and great service has the locals lining up for more. Trading 6 days per week (no nights) and selling around 25kg of coffee per week, the sales are around $12,000 per week including GST.

A gem like this one has plenty more to give and without a doubt is a foodie's dream!

At a glance: 

  • Current turnover $12,000 incl. GST per week
  • Selling 25kg of coffee
  • Located in a busy area in the Adelaide foothills
  • Trading 6 days per week and no late nights
  • Currently run by a single owner operator
Tony Iasiello 0412 217 608 & Melanie Winter 0408 085 932 

 



Extended Price Information

Goodwill including Plant & Equipment $149,000
Stock at valuation (approx) $10,000
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$159,000

Financial Summary

Year
Sales Return to Owner
2014/2015 $598,173 $98,053
2015/2016 $608,949 $91,513
2016/2017 $570,166 $90,358
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The return to owner is a net return to one working owners after all expenses and wages but excluding the vendor’s wage.

Staff Summary

Six casual staff and one full time vendor.

Lease Summary

Current Rent $2,982 per month + GST
Lease Term 3 years
Lease Commencement 1st April 2018
Right of Renewal 1 x 3 years
Outgoings $708 per month incl. GST
Adjustments CPI annually
Bank Guarantee $8,121

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