Suburban Cafe, 5 1/2 days a week

Suburban Cafe, 5 1/2 days a week, Sales Circa. $15,000pw!

There are very few independent cafes that come on to the market that are both popular and profitable. This will suit a buyer looking for a daytime operation that is manageable, consistent and also has the opportunity for growth. Current total earnings based on a FULL TIME working owner would be approx. $117,000.
The current owner works part time, but a full time owner operator would look to increase sales and drive profit. This is a great location with a loyal customer base and has been a stalwart in the community for nearly 10 years.
Why buy this business?
* Solid annual sales approx. $750,000 ex gst, 10% increase in 2024
* Great reputation, popular and well supported by the locals
* Real opportunity to generate further income from another revenue stream
* Low rent to revenue ratio at $34,000pa
* Quality fit out and commercial equipment

Don't delay, this is a desirable independent daytime café, so call me today for further information.
Price: $269,000 inclusive of stock (approx. $5k) plus GST if any.

Agency reference #: CIC62542