For Sale – Cafe – Newport Area – Under management
Turnover $32,000 per week average (BAS and 2018 tax returns available)
Coffee sales 90 – 100 kilos per week
Profit $4,500 p/w – under management ($6,000 to an owner operator or $4,500 under management. Manager costs $1,500 p/w)Rent $1,558.00 per week plus GST. Only 5% of total sales
Price $650,000 + stock at value $10,000
This is a beautifully presented café located in a busy shopping area, which is currently run under management.
This business has a long standing & fantastic reputation for excellent coffee, delicious, healthy food and great service.
For over 10 years now, this business has built an extensive, loyal and regular customer base.
The growth of this business continues and more opportunities exist to expand.
Full competent and reliable team is in place means you can focus on both growing the business and finding balance with working in it.
There is seating for 25 inside, 35 outside for a total of 60. There are also 20-30 seats in the courtyard. The vendor has recently spent $80k on refurbishment.
For more information call Rad Benicky on 0411 610 005 or in business hours 02 9413 2977
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- Current Status: Listed for Sale
- Code: RB 257
- Category: Food
- Type: Cafe
- Location: Newport Area
- Sales: $32,000
- Period: Weekly
- Net Profit: $6,000
- Rent: $1,558
- Stock: $10,000
- Price: $650,000
- Long Financials: 2 years
- Staff: 20+
- Lease: good lease in place