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!