This an outstanding opportunity to acquire a nationally recognised brand leader where the hard work has been done! Think of coffee, somewhere great to eat, a place to meet and mingle with friends and family, and you will undoubtedly thinkThe Coffee Club.
Opened 2015
New 7-year lease just implemented, with a 22% reduction from previous lease.
Average sales $ 23,000 per week
COG average 28%
COE 35%, including super, work cover
Operational expenses 13%
218 sqm inside with an additional 34 sqm outside undercover.
Located in a large coastal shopping centre, though the store is in a separate location with other food and beverage tenancies, with ample parking. A large Medical Centre is also under construction in the complex
Trades Monday to Sunday 6 am to 5 pm
Excellent long term staff
Great shopping center, with anchor tenants Woolworths, Target and a huge medical hub as being built beside them.
New lease; the Landlord is offering an annual rent reduction of $20,000 (from $149,000 to $129,000)
Asking Price: $140,000 + SAV
This is a fantastic opportunity for a committed owner to develop this business into a substantial asset.
To find out more information about this business, please complete the confidentiality agreement quoting reference number: #5569FR
Broker: Mark Kitson | E: mark@absbrisbane.com | P: 0405 293 644 Head Office | P: 07 3368 4010| E: reception@absbrisbane.com
