How does $190k Profit sound?
Tons of potential to dramatically increase profit if new owners were to tap into night trade.
Super cheap rent - Less than $2,000 a month including gst and outgoings. This represents less than 5% of turnover. The lease has 10 years in place.
Staff in place to become fully managed venue if need be.
FY 18 Turnover (reported to ATO) of approximately $650,000
Rent - less than $500 per week (including outgoings)
Lease - 10 years (5 5)
COGS - 30%
Net adjusted profit (one working owner) - Upwards of $190,000
PLENTY of onsite parking (over 30 car parks)
Approximately 25-30 kilos of coffee per week.
Great cash business.
Instagram following of around 14,000
Facebook following of around 6,000
Full Liqour License is held - however this business currently operates only from 7 - 2:00.
Make your money back in less than two years!
More information will be provided to legitimate applicants.
Full financials are available to suitable applicants.
- Date Listed:22/02/2019
- Last Edited:28/02/2019
- Business Type:Food/Hospitality
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