For Sale: $350,000
Operating only 5 days per week, with no service after 2:30pm, this business provides an outstanding work-life balance for its owner, whilst producing excellent owner earnings of circa $15,000 per month.
Prior to covid, the business had an exceptional monthly revenue of approximately $90,000 per month. As employees are returning to the office, the business again is seeing an increase in revenue.
The business is located in a prominent position, catering to the large number of corporate employees working in the area.
In addition to the cafe, the business offers catering to many nearby businesses and events centres, which includes a catering liquor license that will be transferred to the new owner.
The business has developed a number of long-term relationships and partnerships for its catering services, however, there are major opportunities to further expand the client list.
A Hyundai I-load Van (2019) is included in the sale, which is used for catering purposes.
With an easy-to-prepare menu, high-quality coffee, and low staff overheads, this business is a standout for an aspiring hospitality entrepreneur or experienced professional.
Established trading history
Secure lease until 2028
5 days trade
Catering services for local businesses and events
Fully equipped kitchen
Cost of Goods Sold: $16,399
Gross Profit: $42,169
Wages Incl Super: $17,914
PEBITDA/Owners Earnings: $14,839
*Average Monthly Financial Summary