Busy Cafe in Growing Major Southern Suburb - Morphett Vale, SA
Morphett Vale SA
Last asking price $160,000
Sold June 2023
Food & Drink, Food & Drink, Food & Drink
Business ID: BS152736
No Competition – Purpose-Built Fit-Out – Perfect Location
Perfectly positioned in Adelaide’s largest suburb, Dee Dee’s Café is on track to deliver its highest turnover in 4 years in 2023!
With no competition within a 3km radius – and still more growth potential – the prominent location saves on marketing costs and attracts a constant stream of customers.
Opportunities for incentive partnerships with surrounding business have not yet been utilized - Uber or Menulog could be initiated to bring in more revenue.
- Half Yearly Turnover $304k - Growth rate approx. 30% pa - Gross Margin 66%
- Business hours 8am -3pm - does not compete with other food stores
- All Day Breakfast + small lunch menu – Potential to extend trading hours
- Quality fit out designed and built to be fit for purpose
- Perfectly located with easy parking and wheelchair access
- Quick easy access to food raw materials from adjacent businesses
- Opportunity to change from EFTPOS to SmartPay to significantly reduce cost
Assets valued at approx. $52k+ - Handover training for up to 1 month
Owners selling due to going traveling.
Price: $160,000 ONO
Property Code: 3255