Owner Operated West Side Gem, Sales +6% YTD, Rent under 5%

For Sale

Brisbane QLD

Owner Operated West Side Gem, Sales +6% YTD, Rent under 5%

Description

This Westside café is perfect for owner operators who are looking for a neighbourhood café with a captive market and little to no competition. This year sales have increased from $10.6k per week to on average $11.2k net for the owners which has increased their profitability further.

This café is low cost with COGS, Wages and all expenses at or under industry benchmark and showing strong profitability with a simple operation.

Why are they selling? The owners have decided to focus on family with young children so now is the time to pick up this great business they have built.

Key features:
– Sales are up 6%
– Consistent sales each week with a captive local market.
– Great rental % vs sales below 5% (including outgoings – Incredible!)
– Clean books with low expenses and a simple operation
– Healthy profit – Thanks to low rent, healthy wages and industry standard COGS
– Strong team in place
– Little to no competition – No other similar cafes nearby
– Deal directly with your commercial and supportive landlord
– Small bond – only 3 months required

This is the criteria first time owners or savvy operators should be looking for.

Don’t miss you chance to own a local café you’ve always dreamed of!

Loading

Staff No

Lease Info

Trading Times

Size of Premises

Opportunity

Weekly Sales & Turnover

Coffee Sales Per (Kg)

Wages

Net Profit​

Turnover (inc GST)

Rent

Business Listed by

julian mero

Managing Partner of GSE QLD | Senior Hospitality Consultant |Licensed Real Estate Agent & Hospitality Business Broker @ GSE Hospitality Brokers

Growing up in the hospitality industry with my dad owning an Italian restaurant, and my mum owning a ski lodge with a fine dining restaurant, it’s safe to say hospitality is in my DNA!

After I left school I wanted to try something different, so I entered the sporting industry, working at world class companies such as Nike Australia, FILA International and Pacific Dunlop, where I enjoyed and excelled in sales and marketing roles.

I loved my time in the sporting industry, but the itch to be part of the hospitality industry never left me, so when an opportunity came up to invest in and operate a restaurant in Brisbane, I jumped at the chance.

Over almost a decade, I invested in and operated multiple restaurants and a coffee specialty café, I became the National Operations Manager of the group – which eventually established 25 restaurants and 6 coffee specialty cafes trading under The Groove Train and Coffee Hit brands.

In 2015 we sold the business to Minor DKL – the parent company of The Coffee Club. Knowing that the sale was imminent I decided to further educate myself and completed my Masters in Business Administration at The University of Queensland.

In my role at large institutional landlord looking after food and beverage leasing, I have gained extensive knowledge and experience about the site selection process, lease negotiation structures and the details of how the industries best businesses achieve favorable leases.

Having owned, operated, and sold hospitality businesses, together with working for one of the countries premium institutional landlords. my experience is very well rounded. If you need help with the day to day running of your business, growth strategies or with any lease/landlord requirements please do not hesitate to reach out.

Request more Information about this business