Under Offer! Highly Profitable Cafe in Central Albury, NSW
ALBURY NSW
Last asking price $240,000
Sold September 2022
Food & Drink, Food & Drink, Food & Drink
Business ID: BS147640
Profit to Owner Operator $170k+ Sale Price $240,000
A highly profitable and popular cafe in a busy, high exposure position in the heart of Albury. This is a rare opportunity to own this well run and successful cafe with long trading history.
With a loyal and consistent customer base, this cafe offers a range of breakfast and lunch options with fantastic coffee and juices.
-Annual sales in excess of $550,000
-The cafe is fresh and bright with all Plant & Equipment in good working order
-Well designed and appealing fit-out
-Open 6 days per week, early morning to 2 pm.
-Strong potential to increase weekly takings by extending trading hours and exploring evening trade
-Excellent team of 7+ staff, very efficient and profitable operation
-Superb location with a high volume of foot traffic and ample street parking
-Very competitive lease, 5+5 years commencing in January 2018
Handover and training available, if required.
This business is the perfect opportunity for an experienced operator or first time buyer (ideally a cook or chef). The cafe is located in a prime trading position, has a well established customer base, and operates a highly profitable model from simple food and drink offering.
Asking Price: $240,000 + stock at valuation