Coffee Shops & Cafes

Espresso Bar for sale in Brisbane #303544

Espresso Bar for sale in Brisbane #303544

Espresso Bar under management
Espresso Bar under management

Espresso Bar for sale in Brisbane

Inner city location within walking distance to the CBD

Under Management

Business Brokers Brisbane


Espresso Bar for sale in Brisbane.

A wonderful opportunity to acquire this well-established Espresso Bar that is run primarily under management.
A simple operation with emphasis on good coffee (approx. 35 to 40 kgs per week) with a simple food menu.
This hole in the wall Coffee Shop is in an excellent location with lots of passing foot traffic including a popular rest spot for cyclists.
Recently refurbished so nothing to spend.

Owner states current average weekly sales of around $13,500.00 with an adjusted Nett under management of approximately $100,000.00 per annum (expect a higher Nett if a hands-on operator wishes to work a few shifts per week as current weekly wages average around $4,000!).

Great trading hours: 6.00am to 2 pm daily.
Huge social media following with positive feedback as a must visit Brisbane venue.
Excellent reliable staff in place.

Reason for Sale:
Owner wishes to pursue other business interests after owning it for 6 years.

Brokers Comments:
We sold this great little business to the current owner over 6 years ago and it is now time to hand over the baton to a new operator.
Great location, excellent staff, cheap rent and a long lease in place.
Be quick as this business will sell quickly!

Overview

Lease: 5 years remaining on a 7-year lease term.
Rent: Only $800.00 per week + GST (plus outs).
Price: Bargain! Now only $190,000 plus SAV
Code: 303544

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.