Reference No: 303617

Franchise
Mackay & Coalfields Region QLD

Price: $740,000 + S.A.V. question mark popup button

Coffee Club Franchise. Major Regional City. For Sale

Description:
This store is located in a major North Queensland Regional City. The store is situated in in the heart of this thriving town, across from local Government Offices, Shops, Pubs and Motels. Run under management with excellent staff as the owner lives in Brisbane.

Owner states average weekly nett sales (exclusive of GST) for 2021 (with Covid-19 restrictions with limited operating capacity) of over $35,000.00 with an adjusted nett for an owner-operator of over $206,000.00. (Pre-Covid sales were over $40,000.00 per week).

Fully refurbished. Both indoor & outdoor dining areas. Easy trading hours closing at 3pm and no nights. A regular customer base. Well-established as this Coffee Club has regularly been featured in the top 10 nationwide.

Reason for Sale:
Owner is retiring after owning it for 8 years.

Broker's Comments:
Ideal for a hands-on buyer who wishes to grow this business further and save on wages as currently run under management. All the hard work is done. Be quick!

Overview:
Owner states turnover: Current average nett sales (exclusive of GST) of over $35,000.00 per week & increasing!
Lease: Current lease to 2029 plus a 10-year option.
Price: $740,000 plus SAV.
Code: 303617

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Price: $740,000 + S.A.V.
Interbiz Business Brokers
Address:
PO Box 1085
PARADISE POINT, QLD, 4216

View Website

Contact: Vimal Dhaliwal
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