Summary
This well-established cafe & restaurant located in a busy shopping centre in Mitchelton is ideal for an ambitious buyer to take this business to the next level.
Revenue
$780,000 pa
Net Profit
$180,000 pa
Location Details
In local major shopping centre.
Skills
Provide full training of coffee and kitchen, have skilled staff in store.
Hours
7 days a week
Lease
4 years left
Employees
One full-time manager, one full-time kitchen staff, one part-time kitchen staff, two baristas, two all-rounders, and 4 junior staff.
Reason for Sale
Owners need to focus on other businesses.
About the Business
*Highly profitable
*Had a very good performance during the pandemic. Sales keep increasing after the pandemic (increased 20% until now)
*Nice location in a busy shopping centre, close to Coles, Woolworth, escalator, bank and undercover car park.
*A large number of regular customers and community
*Great relationship with local retailer shops
*Great reviews, online presence, and reputation across all media platforms.
*The cost goes down after bargaining with suppliers(Multiple stores group bargain).
History
The location of the shop has been a coffee shop for over 10 years. We rebranded it into a cafe with a proper kitchen for nearly 2 years. We have built up a large group of regular customers and an excellent reputation in the local community.
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