This is one of the best fully managed coffee Kiosks on the market. The business has 5 great things going for it:
1. Profitable & Easy to run- Circa $100k net profit annually (under management) with 85% of sales from coffee
2. The books are clean – with the same owner for the last 9 years providing audited financials.
3. Prime location – Out front of a busy Coles in the only shopping centre in the area with a large captive audience.
4. Low fixed costs – Rent is at 7.5% of turnover and a lease with annual increases of only 1%!
5. The Manager has been employed in the business for over 8 years and would love to stay on if required.
There are not too many managed businesses on the market that are truly under management like this one. It is super easy to operate with plenty of upside to increase the food offering, introduce catering and increase trading hours.
This is a must-see business that is surely one of the easiest to operate under management or work in the business yourself and make $200K annually!