Description
Summary
Here it is!!!!! One of the hottest venues in Brisbane. Fresh on the market. Great revenue and rent less than 10%. Ample potential to build on incredible name. Long lease left with options remaining.
Revenue
$427,000 pa
Rent
$42,000 pa
Potential
This is a unique opportunity to take advantage of an amazing central location, backing onto one of Brisbane’s most attractive lane way dining precincts.
With extremely low rental costs and space available to add to trade increased hours and add to offerings, potential is limitless.
Create a “spreakeasy” style bar in the back of the venue, the bones are already there, including a liquor licence, and foot traffic, just add in a 2 tap kegarator and off you go.
Skills
Run under full management this cafe will suit any level of operator. Fantastic team in place that are happy to show you the ropes.
Lease
Expiry 2013 with 1 x 5 year option still remaining.
Employees
Under fullt time manegement. Core staff in place.
Reason for Sale
Owners have a distribution business that requires more attention. They are happy to work with new owners to ensure the continued success of the cafe
About the Business
This is one of the most sought after hot spots in Brisbane. With no sign of slowing down, owners have set this business up for success.
Beautifully presented and known for quality breakfast and first rate coffee, built on strong foundations.
Extremely low rent for location, sitting below 7% of revenue, with no outdoor dining fees, ample seating and 24 hour a day foot traffic.
Strong professional team in place including full time management, allowing easy transitions for new owners.
This is a rare opportunity to purchase a bustling cafe and very strong brand, with still plenty of untapped potential for new owners.
Any changes new owners make will be easily promoted to an impressive social media following.
Owners have built an amazing business here, and this opportunity will not last
