MODERN, POPULAR REGIONAL CAFE (UNDER OFFER)
ALBURY NSW
Last asking price $320,000
Sold June 2023
Food & Drink, Food & Drink, Food & Drink
REFINEMENT, PRECISION, FLAIR & LOCATION - a regional cafe that deserves respect!
SNAPSHOT
- Asking Price: $320,000 plus SAV
- Adjusted EBITDA (incl Owners Wages): $143,277 (2013/14)
- Weekly Sales: ranging between $20,000 to $25,000 per week and growing
- Coffee Sales: 40-45kg per week
- Open 5 days per week (Wed-Fri 7am to 4pm, Sat & Sun 8am to 4pm)
- Hugely popular cafe serving breakfast, lunch and coffee in a fantastic location
- Seating for 48 inside, 30 outside
- Attracts daily regulars, drop-ins, tourists and destination eaters
- Very strong social media presence
- Located in a thriving regional town on the Victorian and New South Wales border
- Currently operates with two enthusiastic and motivated owners, together with four full-time kitchen staff and eleven casuals (split between floor and kitchen)
- Liquor licence in place
LEASE
- Current term commenced in May 2012 for a period of 4 years
- Further terms of 3+3 years
- Annual rental approximately $59,000 plus GST ($4,917 plus GST per month)
- Premises is approximately 200 square meters
Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1140.
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