Bustling cafe with brilliant breakfasts & great coffee

Sold!

Web ID:

Business Description

 

Located in a suburban shopping centre in the inner northern suburbs, PerKup Espresso Lounge is known for its great breakfast range and tasty lunch options. Opposite a large national retailer in the complex, the business is in an ideal position to take advantage of passing foot traffic.

 

Great food, excellent service and fantastic coffee – what more can you want?

At a glance: 

  • Sales around $9,500 - $10,000 per week
  • Current rent $1,165 per week + GST
  • 7 days (shopping centre hours)
  • Approx. 21 kilograms of coffee sold per week
  • Seating Capacity 58

Tony Iasiello - 0412 217 608 & Melanie Winter - 0408 085 932

 


Extended Price Information

Goodwill including Plant & Equipment $145,000
Stock at valuation (approx) $10,000
n/a
n/a
n/a

$155,000

Financial Summary

Year
Sales Return to Owner
2016/2017 $453,219 $102,953
n/a
n/a
n/a
The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wage.

Staff Summary

Six casual staff and one full time and one part time vendor

Lease Summary

Current Rent $5,045 per month + GST
Lease Term 7 years
Lease Commencement 28th May 2014
Right of Renewal Nil
Outgoings $527 per month + GST
Adjustments CPI + 2% annually
Bank Guarantee 3 months' rent
NB: Purchaser will receive a rent rebate of $1,500 + GST for 12 months from the date of settlement.

n/a
n/a
n/a
n/a
n/a

Plant & Equipment

Written Down Value of Plant (approx.) $54,000
n/a
Go Back