Established Cibo Espresso Cafe For Sale
Established for over 3 years this is your chance to secure a CIBO Espresso in the growing suburb of Noarlunga and southern suburns. All the hard work has been done establishing this store as a focal point for the community at large and the local shoppers of the Colonnades Shopping Centre. CIBO Espresso Colonnades is consistently the number one cafe in the shopping centre.
This CIBO Espresso offers the unique opportunity of its own kitchen enabling this cafe to run its own Brunch Menu on weekends. PASTA nights on Thursdays and weekly specials. You have the comfort of franchise support but also the ability to have variety in some of your menu.
This store would be ideally suited to an owner/operator partnership with a passion for food.......and of course a love for coffee!!!
Current Approx. Turnover: $880,000 p/a
Base Rent Approx: $113,750 p/a
Lease expiry: March 2022
Enquire now to start your journey with CIBO Espresso!
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price