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Espresso Bar & Cafe, Major Shopping Centre Location, Easy to Run

  • $49,000 neg plus SAV

Description

This busy and easy to run Espresso Bar/ Cafe is situated in a fast-growing city of South Australia, located less than an hour’s drive southeast of the capital Adelaide with easy access to the South-Eastern Freeway, the major road link between the state’s capital and Melbourne.

Located in Murray Bridge an area known for its great leisure activities and competitive sporting events, the city is also the central shopping hub for its own residents plus those from the surrounding towns of the region.

The business is situated within a shopping centre food court, the largest complex in the area located in the heart of the CBD, major retailers at the centre include Big W, Woolworths, Optus, Telstra, Spec savers, Priceline and many more. Plenty of on and off-street parking is available as well as the two-story underground parking of the centre itself.

With an enviable position and high visibility from passing foot traffic, the premises are 96 square metres in size and overlook a seating area for approximately 100 customers.

The front area is well laid out with a contemporary feel and includes a coffee machine, display counters and hot food warmer plus several drinks’ fridges. This area leads through to a galley style kitchen and prep area with an inbuilt security system.

With a reputation for serving great coffee the café is popular with locals, tradies, business workers, and daily shoppers.

Open from 8am to 4pm Monday to Saturday and on Sundays (summer months only) the business is supported by 8 staff, all casuals.

The current lease expires in November 2022 with an additional two-year option at the present rate. A new lease is available to be negotiated.

Established in 2012 the owner has been in charge since 2013 and is selling due to personal reasons. This creates an opportunity to capitalise on a solid well-run business, with excellent daily operational procedures already in place.

Opportunities are available for the current turnover to be increased by introducing delivery options, increase online marketing, extending operating hours, host events to utilise the food court, and to offer loyalty schemes to regular customers.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

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Staff No

  • 8 casual

Lease Info

  • Expiring November 2022 with the option to extend for two years at an agreed rate. A new lease can be negotiated

Trading Times

  • 8am to 4pm Monday to Saturday Sundays - closed (open summer months only)

Size of Premises

  • 96 square metres

Opportunity

  • Introduction of delivery options, Increase online marketing Introduction of loyalty schemes to regular customers Extend trading hours Host events and utilise the food court dining area for promotions Renovate the kitchen to enable the preparation and cooking of more in house dishes. **Image used for advertising purpose is generic and does not represent the actual business

Weekly Sales & Turnover

Coffee Sales Per (Kg)

  • 18kgs

Cost of Goods​

  • $4,980.00

Wages

  • $4,550.00

Other​

  • $530.00

Net Profit​

  • $1,425.08

Turnover (inc GST)

  • $15,848.00

Gross Profit​

  • $9,427.27

Rent

  • $1,669.00
  • Reference No: PLSSMM02

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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