Business Code:
Other business interests
Sale Reason
Sept 2021
Established
Plenty of paid public parking
Parking
2 owners & 16 staff
Employees
Shop #1 Mon - Thurs 6am - 4pm, Friday 6am - 8pm, Saturday 7am - 2pm, Sunday Closed. Shop #2 Mon - Thurs 6am - 4pm, Friday 6am - 8pm, Saturday / Sunday Closed.
Trading Hours
12 years remaining expires July 2036 - 4% annual Increases - Rental Bond $68,750.
Lease
Cafe / Espresso / Panini bar with full counter service and brand new full commercial kitchen situated between two service areas is located in a new medical office building with extensive inside and outside seating – 70 seats inside, 60 seats outside. Selling 120 kgs of coffee weekly!!! Serving Breakfast, lunch and dinner. Items include yoghurts, fruit salads, eggs any way, burgers, fresh sandwiches, soups, wraps, Italian paninis, pastas, ice lattes, acai bowls and smoothies. Able to provide large catering service including functions. Currently, the business is taking $92,000 per week in sales on average with potential to increase revenue further. Profit is a whopping $20,000++ per week. The premises is equipped with top-of-the-line equipment, in addition to a separate full commercial kitchen, which are all fully owned and will be included in the sale.
Features
First class fit out $1 Million++ - Long lease in place (12 years left) - Captive market in a prime medical precinct lower north shore - Rental includes all outgoings and seperate 60 sqm storage area - Unbelievable profits of 20k + p/w with strong growth potential
Potential
Further Catering Potential is there for the taking - Update Online social media presence - promote online ordering
Comments
Cafe / Espresso / Panini bar with a full state of the art commercial kitchen in prime location in a new high rise commercial building in the medical precinct in the lower north shore. 12 years lease remaining. - Catering approx. 5% of weekly sales.- Very well run with very healthy profits in excess of $20,000 per week. NOT TO BE MISSED !
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