Licenced Cafe East of CBD

$265,000 + SAV ($10,000 approx.)

Web ID: F2287

Business Description

This is your perfect local café – located in a quaint and small group of shops in a picturesque leafy setting.

Operating 6 days per week (closed on Mondays), the café operates 8 a.m. to 4 p.m. weekdays and shorter hours on the weekends. Serving breakfast and lunch made from fresh & local ingredients, the café offers dine-in meals including penne bolognaise, British breakfast, fluffy pancake stack and pulled pork bun. The café also offers an array of drinks from coffee, tea, smoothies, juices, soft drinks as well as a selection of wine & beer to accompany their delicious meals.

With a well equipped kitchen area, there is ample seating inside and out for 50+ patrons, along with a restaurant licence for a total of 59 patrons. The café currently sells approximately 25kg of coffee per week and has an average weekly turnover above $13,000. Perfect for a solo operator or working couple, this café is ready for a new owner to come in and take the reins.

 

At a glance:

  • 6 days per week (closed Monday)
  • 10 minutes East of CBD
  • Licenced cafe
  • Average weekly turnover above $13,000
  • Indoor & outdoor seating
  • Rent - $1,398.59 + GST per month 

Melanie Winter 0408 085 932


Extended Price Information

Goodwill including Plant & Equipment $265,000
Stock at valuation (approx) $10,000
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$275,000


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Lease Summary

Current Rent $1,398.59 per month + GST
Lease Term 5 years
Lease Commencement 1st May 2015
Lease Expiration 30th April 2020
Right of Renewal 2 x 5 years
Adjustments CPI annually & Market at renewal
Bank Guarantee Nil

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