08 8361 3074

Busy Eastern Edge Cafe

$379,000 + SAV ($5,000 approx.)

Business Description

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.

At a Glance

  • Licensed for 50 patrons
  • Selling approx. 30kg of coffee per week
  • Great city location
  • Established since 2013
  • Trades 7 days per week

Melanie Winter 0408 085 932

Extended Price Information

Goodwill including Plant & Equipment $379,000
Stock at valuation (approx) $5,000

Financial Summary

Year Sales Return to Owner Return on Owner's Investment
2018/2019 $858,014 $85,100 22.16%
2019/2020 $850,304 $141,272 36.79%
2020/2021 $1,017,197 $137,900 35.91%

Staff Summary

Two vendors work in the business, one approximately 48 hours, the other approximately 27.5 hours and the business also employs 16 casual staff.

Lease Summary

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
Adjustments 3.5% annually

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