Profitable & Well Established Inner City Café with Huge Potential to Grow (Perfect For Visa 188a)
Short Summary
Well established Inner City Cafe is loved by the locals, known for its great coffee, friendly services, fresh & delicious breakfast and lunch dishes.
Key Selling Points
- Low Overheads
- Cashflow Positive
- Strong year to year Growth
- Low Rent
- Long Term Lease in place
- Simplistic business
- 80% Repeat Work
- Best Location
- High foot traffic location
- High visibility location
- Proven trading through Covid
This popular, profitable & well established inner city cafe is non-franchised & located in a hub of residential & business customers with high foot traffic. It has been a favourite daily “must go” destination for the locals and boasts a strong trading performance during almost everyday of the week including weekends.
It is nested in a wealthy Brisbane Inner suburb situated on the main road with non-stop foot traffic. The rent is cheap ($1300 per week inclusive of OG and GST) supported by a very easy-going landlord.
Weekly taking averaged $11,000 & netting close to $4K per week including owner’s wage & cash. The team is friendly and the menu covers delicious breakfast and lunches. This is a well-positioned café in the sought-after location in inner city with no discernible competition.
Primed & ready for a new operator to expand & continue to harness the amazing potential of the location which is not able to be replicated. Although the owners are reluctantly to offload, they need to relocate to overseas for family reason. The owner is committed to offer post settlement tuition and a hassle-free handover.
This café requires NO CHEF, simple to run & perfect for 188a visa applicants.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $165,000 + SAV
Ref. no. BUY2434