45kg Coffee Under Management No Kitchen (UNDER OFFER)
ACTLast asking price $365,000
Sold June 2023
Restaurant
General Description
Business owners only dream of owning a business that is run by small number of staff with no involvement, very profitable and in a price location. This coffee business ticks all the boxes:
Open 7 days a week.
No competition in the food court
Reasonable rent.
Owners do not work in the business - 100% staffed
Consistently busy
Does not cost much to run
No kitchen
Gross profits of 78%
Potential
This business only started trading in November 2013 so new customers are still discovering it and returning as regulars. New owners can expect to continue to grow as customers discover this business.
Whilst run by staff, an owners presence would greatly improve the business as can ensure less wastage, send staff home if trade quite and built a good rapport with the customers.
Cakes, macaroons and other food items are sold in the business but not pushed at all. New owners could look at introducing other items and ensuring these add on sales occur to keep improving turnover and profits.
Features
Average 45kg of coffee sales a week. Fit out is new. Only coffee outlet in the food court.
Premises
No kitchen. Professional setup to focus on producing excellent coffee and other food items.
Location
Civic
Trading Hours
7 Days
Lease
Runs to 30 April 2019
Financials
Weekly sales averaging $13,000
Gross Profits averaging 78%
Rent per week $1,500
Profit per week averaging $4,000 to $5,000
Price
$365,000 + SAV
Confidentiality Agreement
To release further details about this business a confidentiality agreement must be completed - takes about 1 minute. This can be done by following the instructions below:
1) Go to xxxxxxxxxx.html
2) Click on the "Enquiry" button at the bottom of the screen
3) Enter your details, including something in the comment area and click "Submit"