Commercial and retail roastery and cafe for coffee connoisseurs
Sold
Business Description
Located close to the city, this coffee company has enjoyed a long history of roasting coffee sourced from around the world. Its reputation for exceptional coffee has secured many commercial clients and continues to bring locals through its doors.
The business has a well-established online presence, including a website and social media profiles, providing a platform for engaging with customers, promoting products, and facilitating online sales.
Offering ample seating the cafe is warm and welcoming, making it the perfect place for those wishing to drop in and enjoy a coffee, pastries or a light meal during the week. The business trades short hours and is closed on weekends, providing scope to a purchaser to grow the business further.
Currently run by one full time working owner with a skilled and passionate team of coffee lovers.
At a Glance
- Coffee roastery with commercial customer base
- Onsite cafe with ample seating for coffee lovers
- Long standing history and loyal customers
- Close to the city and open weekdays only
- Sales in excess of $700,000 per annum
Tony Iasiello 0412 217 608
Extended Price Information
| Goodwill including Plant & Equipment | $240,000 |
|---|---|
| Stock at valuation (approx) | $35,000 |
| $275,000 |
Financial Summary
| Year | Sales |
|---|---|
| 2020/2021 | $715,043 |
| 2021/2022 | $714,267 |
| 2022/2023 | $742,784 |
Staff Summary
One full time vendor and one vendor working 5 hours per week along with seven casual staffLease Summary
| Current Rent | $3,500 per month + GST |
|---|---|
| Lease Term | 5 years |
| Lease Commencement | 1st October 2020 |
| Outgoings | Paid by tenant |