Outstanding profitability $6,500 a week rarely seen among café restaurants
· It is the only onsite café in a bustling industrial estate, which secures a guaranteed customer base
· With eat in, take out and catering services with established clients, this café comfortably turns over $1 million-plus annually
· For a 200 sqm spacious cafe that can accommodate 17 tables indoors and outdoors, the rent is incredibly low at merely $1,527 a week already including GST
· Consistent takings at very low rent and overheads produce excellent cash flow for the owner-operator who reaps in $6,500 a week by opening five and a half days only
· This café has been successfully trading at the same spot since 2009 by the current owner. The Lease has been extended 3 times since then with favorable conditions that help the business
· The business has outstanding profitability that is rarely seen among café restaurants. It is genuinely worth investment comparing to those that barely produces meager profit owing to high rentals
· The business also witnesses strong resilience against COVID as weekly sales has returned to $20,000 mark
· Suitable for an experienced owner operator ideally as a family business
Financials:
Sales: ˜ $20,000/wk
Earning: ˜ $6,500/wk
Rent: ˜ $1,527 /wk
Wages: ˜ $3,850/wk (excluding owner salary)
Utilities: ˜ $515/wk
