Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
Matteo Melis and the team at LINK Business Brokers Brisbane are proud to bring to the market an exciting business opportunity located in one of Brisbane's fastest growing suburbs just 10 minutes south from the CBD.
Part of a business collective attracting customers from all SEQ, this popular cafe restaurant benefits of a prime position and high exposure situated on a major Brisbane road yet offering plenty of free parking availability. Running under full management, the business has shown strong sales and high profitability since its first year of operation in 2019 recording in excess of $800,000 to grow to over a million dollar in sales during 2021.
– Fully managed operation counting 10 experienced staff ensuring high quality level of service
– Operating 7 days from 9AM to 5PM under full management
– Low rent at just $78,000 p/year accounting for only 7% of total revenue
– Fully licensed offering breakfast and lunch
– Over 100 seats with indoor and outdoor dining
To discover more about this opportunity and receive a full information memorandum, please enquire now and complete an online confidentiality agreement at linkbusiness.com.au/BR01251
Business Broker: Matteo Melis
Ref: BR01251
Mobile: +61 407 468 414
Email: matteo.melis@linkbusiness.com.au
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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