$379,000 + SAV ($5,000 approx.)
Located in the city of Adelaide, this popular café is a hot spot for those looking for a refreshment after their daily exercise in the parklands and for those craving brunch from the surrounding businesses. Offering hearty meals and great coffee, it's no wonder why this café is always so busy.
Trading 7 days per week, the cafe is open from 6.30 a.m. to 2.30 p.m. daily and offers patrons a range of all-day breakfast and lunch options which are to die for! With classic staples such as Eggs Benedict & pancakes, they also create smoothie bowls, mouth-watering burgers and plenty more to cater for all. There are also a variety of beverages patrons can choose from including coffee (selling approx. 30kg per week), teas, juices, smoothies & alcohol (licensed for 50).
Established in 2013 by the current vendors, this Cafe has grown to be a favourite for many and has a loyal following for their quality food, coffee and service. The cafe has a modern fit out and has seating inside for 30 and a large outdoor seating area for 58 which has cafe blinds and heating. Currently run by two full time working owners, the cafe employs 16 staff members and has a lease in place with rights of renewal to 2028.
Melanie Winter 0408 085 932
|Goodwill including Plant & Equipment||$379,000|
|Stock at valuation (approx)||$5,000|
|Year||Sales||Return to Owner||Return on Owner's Investment|
|Current Rent||$9,540 per month incl. GST|
|Lease Term||5 years|
|Lease Commencement||1st July 2018|
|Lease Expiration||30th June 2023|
|Right of Renewal||1 x 5 years|
|Outgoings||Paid by tenant|