7 Day Cafe Under Management $145k profits

General Description
7 day a week cafe that is run under management with profits averaging above $145,000 per year. Fit out in excellent condition, has a liquor licence in place and excellent location. Will be hard to find a cafe that beats this one.

Potential
Little work has been put into functions due to the owners not being present in the business. New owners can work to build this side of the business.

As the business is run under management, new owners working in the business will save on food and wages and also look at increasing revenues as more focused on the business.

Features
20kg coffee per week
Seat approx 62 people inside and 34 outside
Cafe has a liquor licence
Nothing to spend

Premises
Commercial kitchen
Fit out and equipment in excellent condition
Surrounded by large residential complexes|
Close to Westfield Belconnen

Location
Belconnen

Trading Hours
7 days a week

Lease
$1,260 + GST per week
Runs to July 2018

Financials
Turnover 2014 $926,000
Average Gross Profit 62%
Profit Under Management 2014 $145,000

Price
$335,000 + SAV

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