Scootz Cafe, Adelaide

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Business Description

Perfectly positioned on the corner of Pulteney and Gilles Street, Scootz has a warm and friendly atmosphere and has been trading since 2010; however, this corner store has long been synonymous with food.  

Trading from 7 a.m. til 4 p.m. during the week and a half day on Saturday from 8 a.m. til 1.30 p.m., the weekly turnover is around $9,000 with coffee sales of approximately 20kg per week. Scootz provides a great combination of dining options: plenty of inside seating with a current capacity of 30 people plus room to spare and large glass doors which open onto a wide leafy side walk with further seating for 16.

The business has a new 7 year lease with low rent of approximately $525 per week, making it an attractive offering for someone looking to own their own city cafe.  

Scootz represents good value for money for their customer and offers a wide variety of simple café food including a big breakfast, fresh salads and wraps, hot take away food, not to mention a really good cup of coffee.  If you’re looking for a city café that gives a solid foundation to build from and a great lifestyle then look no further. 

At a glance:
  • Great corner location surrounded by businesses, residences & Gilles Street Primary School
  • Trading 5.5 days; approximate sales $9,000 per week
  • Coffee sales around 20 kgs  per week
  • Low rent ($525 per week) and excellent lease
  • Seating for 30 inside and 16 outside
  • Ideally suited to a couple

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

 


Extended Price Information

Goodwill including Plant & Equipment $175,000
Stock at valuation (approx) $5,000
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$180,000


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Staff Summary

One full time vendor with one casual and three part time staff.

Lease Summary

Current Rent $2,274.24 per month incl. GST
Lease Term 7 years
Lease Commencement 1st May 2017
Right of Renewal 1 x 5 years
Outgoings Paid by tenant
Adjustments CPI (Adelaide All Groups) annually & to market at renewal
Current Rent

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