Inner city location within walking distance to the CBD
Under Management
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 ConfidentialityAgreement (by clicking here), complete and submit this form, and we will contact you with further details on this opportunity.