- Price: $200,000 + SAV
- Categories: Food/Hospitality
Local Cafe/Bar with a Liquor license and own small roasting machine. New lux fit-out and a massive social media presence with over 20,000 followers.
This business makes financial sense. Operating with minimal staffing, low rent, and a low cost of goods. The net profit margin under management is tracking toward 25%.
Main highlights include;
-Inhouse coffee roasting
- Liquor license
- Very low rent $1440 per month including outgoings
- Lease 2023 with 1 x 2-year option
- Seating for 40 with room to expand when needed
- New lux fit-out
- Under full management
- Unique hospitality business
- Currently trades 7 days and 3 evenings until 9 pm
- Menu designed around minimal cooking with a focus on high-profit items
The business is on track to provide an owner with a net profit of around $100,000 per annum under management. An owner-operator could expect to save $60,000 in wages.
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