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Established 2006. Turnover $1.9 Million per annum (Excluding GST). Net to one owner $221K per annum (approx). Good rent deal. New 5 years lease will commence February 2018.
The business operates on the usual, “modern Australian”, yet simple menu, which includes light and heavy meals, snacks, cakes etc. The quality of the coffee is second to none. The business is also fully licensed to sell alcoholic beverages.
The premises are located in a busy, high profile position, fronting a busy paved outdoor area, in a large shopping centre. They are highly visible and are adjacent to one of the main entrances to the shopping centre. There are floor to ceiling glass sliding doors providing complete open air, access to a courtyard.
Some of the nearby businesses, David Jones, Events Cinemas, Dan Murphy, Chocolateria San Churro, Coco Cubano, Nandos, Subway, a sushi bar, Guzman Y Gomez, a yum cha restaurant, Kidstuff, NRMA, and Coles & Woolworths supermarkets.
Simple to run with the franchisor taking care of marketing, new product development etc. Strong growing franchise group which now boasts approximately 400 stores throughout Australia and 8 other countries, with upwards of 40 million dedicated customers. The franchisor’s head office is based in Brisbane QLD. (NB The photos are generic photos only & not photos of the actual business).
Asking $269,000 + SAV.
High profile shop location in a busy large shopping centre.
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