Established in 2018, this highly successful dessert bar/restaurant generates a consistent weekly revenue of $10,763 per week and amazing owner earnings of approximately $3,591 per week.
Known for its delicious 'Instagram-worthy' desserts, the restaurant has become an iconic food destination for both locals and visitors alike. The business prides itself on quality and creative food, which includes burgers, savoury crepes, signature desserts, thick shakes, and much more.
The owner has invested a substantial amount of capital into an amazing fit-out of the premises, giving it a clean vibrant feel. The business is situated in a prime location on a busy road with high-foot traffic along the shopfront, creating a high flow of regular customers.
The rental price for the premises is excellent value at $946 per week along with a 5 + 5 year lease option.
There are major opportunities to increase revenue through increased trading, which could include breakfast and/or lunch offerings. Currently, the business only operates 5-6 hours each evening.
The owner is selling due to family circumstances and is willing to provide an extensive handover/training period to ensure the success of the new owner.
Revenue of circa $10,000 per week
Owner earnings of $3,591 per week
Financially sustainable during COVID-19 restrictions
Excellent lease terms
Extended trading hours growth opportunities
NetCost of Goods: $3,214
Gross Profit: $7,550
Annual Rent: $946
Add Backs: $1,820
• Weekly financials
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