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Popular, Easy To Manage Cafe North Side For Sale

North Lakes, Queensland, Australia
Asking Price:
$179,000 (AUD)
Sales Revenue:
$14,714 (AUD)
Cash Flow:
$1,403 (AUD)

Located in one of the fastest growing suburbs in Australia, this thriving café is on the market due only to the owner's intent to spend more time with his young family.

Providing Brisbane's northside with a decadent and inventive seasonal food menu and locally roasted speciality coffee, this café's impressive reputation is well-deserved and unrivalled by all other establishments in the area.

Open 7 days per week, this café managed to continue to thrive throughout this year's pandemic, demonstrating that it is capable of remaining a success in spite of challenging circumstances.

With the potential to continue to expand the business, the café has already been approached to provide catering options to external entities, host events on site, and has been approved by a supportive landlord for the expansion of the dining area which is set to exceed its current capacity of 70+ patrons. These ventures align perfectly with the capacity of the current staff body and the adjoining facilities of the building that include an on-site bathroom and ample carparks, both undercover and outdoors plus 2 personal car spaces.

Do not miss this opportunity to invest in a thriving business that has already proven itself capable of achieving ever-increasing success.

Location Details
Located in the busy northern business hub of North Lakes, this cafe has established itself as a pinnacle player in the community café scene.

Situated on the ground level of a multi-use office building complex with mixed retail in close proximity.

This café is a well-known destination for weekdays trade and a place to go on weekends with plenty of parking available for the weekend crowd.

North Lakes is a suburb of the Moreton Bay Region which has been one of Australia's fastest growing regions in recent times with the projected growth to continue post covid-19.

Staff No
The owner works in the business and employs the following staff, Manager x 1 Head Chef x 1 Chef x 1 Floor staff/barista x 3

Lease
A lease term of 5 years which commenced 1st May 2017 and expiring 30th April 2022. Option is available of 3 years plus landlord keen to add more.

Trading Hours
Monday – Friday 6.30am – 2.30pm Saturday – Sunday 7.30am – 2pm

Premises
Total leased area is 78m2

*Please note that for confidentiality reasons, the image in this advert is generic and is not of the actual business*

**Weekly**
Turnover (inc GST) $14,714
Labour Costs $5,460
Rent $985
Net Profit $1,403

Property Information

Real Estate:

Lease

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