SOLD

Rare "Blue Chip" Cafe & Restaurant Making MEGA Profits

Chermside QLD
Rare "Blue Chip" Cafe & Restaurant Making MEGA Profits

Last asking price $1,840,000

Sold June 2023

Food & Drink, Food & Drink

Virtual Tour:

Experience a unique taste of Mediterranean.

With excellent seating capacity located in a busy shopping center with high customer traffic. This is the only cafe in the area that offers services as early as 6am, getting them a good customer base and a great reputation.

- Almost a million of net profit in 2015
- Revenue per Week: $324 per seat & $280 per sqm
- 24% turnover growth over last year
- 72% Gross Profit Rate
- 34% of turnover converted to net profit
- Favored Westfield Chermside tenant - New 7 Year lease commencing 2016

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