$99,000 + SAV ($4,000 approx.)
This breakfast and brunch café is well-regarded for its exceptional coffee, tasty food, and inviting atmosphere.
Situated in the heart of St Morris, the business benefits from a prime location with high foot traffic, excellent visibility, and easy accessibility. Nestled in a bustling commercial area surrounded by residential neighbourhoods, offices, and schools, the café enjoys a steady stream of customers throughout the day. With a medical clinic just 50 metres away, and a dental clinic and physiotherapy business soon to move into the building, further growth is expected.
It features a fully equipped kitchen and a warm and inviting atmosphere, tasteful décor, comfortable seating arrangements, and ample natural light creating a cosy environment for customers to relax and savour their dining experience.
This is an opportunity for an aspiring café owner to acquire a turnkey business with a proven track record. The café is being offered for sale with all fixtures, fittings, equipment, and goodwill, providing a seamless transition and an immediate opportunity to continue its success.
Tony Iasiello 0412 217 608
Goodwill including Plant & Equipment | $99,000 |
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Stock at valuation (approx) | $4,000 |
$103,000 |
Year | Sales | Return to Owner | Return on Owner's Investment |
---|---|---|---|
2022/2023 | $336,436 | $138,568 | 134.53% |
2021/2022 | $325,059 | $135,219 | 131.28% |
2020/2021 | $329,199 | $114,822 | 111.48% |
2019/2020 | $307,611 | $104,209 | 101.17% |
Current Rent | $2,854.08 per month incl. GST |
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Lease Term | 3 years |
Right of Renewal | 1 x 2 years |
Outgoings | Paid by Tenant |
Adjustments | CPI increase annually |