$729,000 + SAV ($15,000 approx.)
Since its establishment in 2013, this café began as a small coffee bar and has since flourished into a bustling café beloved by the community for its commitment to high-quality, sustainably sourced coffee and delectable brunch offerings. Situated within one of Adelaide’s most coveted hospitality precincts, it has earned a reputation as a local institution.
Over the years, the café's popularity has soared, requiring expansions beyond its original space. Its latest expansion has effectively doubled its footprint, introducing a completely renovated and architecturally designed space that offers patrons a fresh, modern environment to enjoy. From its humble beginnings with just four employees, the business has evolved into a dynamic team of over 20, and is now operating under management.
With seating for 38 indoors and 40 outdoors, the café consistently sells between 50 and 60 kilograms of coffee per week. Secured by a 10-year lease agreement, with the added benefit of a 5-year right of renewal, this grants a new owner a lease that extends until 2038.
This presents a unique opportunity to acquire a well-established, flourishing café situated in one of Adelaide's premier hospitality locations.
Melanie Winter 0408 085 932
Goodwill including Plant & Equipment | $729,000 |
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Stock at valuation (approx) | $15,000 |
$744,000 |