Logan City Suburb Busy Takeaway/Cafe – Low Rent

  • $139,000 plus SAV

Description

For sale is this popular Takeaway Cafe located in Eagleby, a thriving suburb in the Logan City region of Queensland.

The Cafe is well established having traded for the past 20 years with the current owners taking charge in 2014.

Centrally located within Eagleby’s shopping plaza, the business benefits from a prime front entrance position, enabling it to stay open beyond the restricted centre opening hours as it has its own front door and therefore does not require internal access.

It is surrounded by an abundance of local shops including a supermarket, pharmacy, medical centre and post office. Eagleby state school is approximately 100 metres away plus the surrounding areas contain childcare centres, retirement villages and residential housing so there is no shortage of year-round destination and passing trade. There is also plenty of on and off-street parking available.

The business has a good reputation and is well supported by locals, tradies, students from the nearby school and local business workers.

The menu is varied, yet easy to produce with the most popular items being fish and chips, fried chicken, burgers, sandwiches & wraps, the average spend per customer of around $15. There is a huge opportunity to partner with delivery companies to increase turnover as this market has not yet been explored.

The shop premises are clean and inviting, with a floor space of approximately 110 square metres. The interior can seat up to 12 customers plus there is space outside to seat an additional 6, however permission for this will need to be acquired. Toilets are also on site, 1 gents and 1 ladies.

The kitchen area is large and contains 3 x back storage units, 3 x fryers, 1x walk-in cold room, 2x chest freezers, 1x salad bar, 1x commercial oven and 2 x grills. All equipment included in the sale is well maintained with some items purchased recently. In addition, there is a dishwasher and 2 fridges which are currently leased.

After running this much-loved cafe for the past 7 years the owners have achieved their current goals and are ready to move onto the next stage of their lives. This creates a fantastic opportunity for the new owner to further develop and grow this successful business.

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Staff No

  • 6 staff ( 2 part time, 4x casuals) in total * only 3-4 staff needed per shift

Lease Info

  • 5years - remaining lease is 2.5years and option to extend for 5years (lease is registered)

Trading Times

  • Monday - Friday 8:30 - 7:00 Saturday 10:30 - 7:00 Sunday - Closed (option to open)

Size of Premises

  • Approximate floor space 110m2

Opportunity

  • Offer home delivery (Uber, Deliveroo etc) Open Sundays Open Evenings (currently closing at 7pm) Offer additional menu items such as pizza and roasts

Weekly Sales & Turnover

Coffee Sales Per (Kg)

  • 5-10kgs

Cost of Goods​

  • $2,633.00

Wages

  • $1,423.00

Other​

  • $50.39

Net Profit​

  • $1,556.24

Turnover (inc GST)

  • $7,636.00

Gross Profit​

  • $4,308.82

Rent

  • $568.88
  • Reference No: PLSSJE09

Business Listed by

Paul Leach

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.
Call Paul on 0415 801 313

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