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Cafe & Coffee Shop business for sale in Ascot

  • Cafe & Coffee Shop
  • Ascot QLD 4007
  • $599,000 (GST na)

TTQE1056 - Business For Sale - Cafe Coffee Shop Unique dining experience

Bar - Cafe - Restaurant - Under Management - Brisbane City Fringe
SBX Business Code: TTQE1056
Bar - Cafe - Restaurant - Events venue serving a modern fusion Asian / Vietnamese cuisine with full breakfast, lunch and dinner menus. - Serves a unique house menu for breakfast and lunch such as crispy pork belly boa buns, verandah porridge, BLT salads, brekky bowls, also many regular dishes including eggs Benedict, bacon & eggs. - Catering menu options for strict dietary requirements also available. - Fully licensed serving a range of Australians finest wines, craft beers, Champagne and a variety of unique cocktails. - Full commercial kitchen - 2 separate sections for the espresso bar & Restaurant / bar dine in. - Seating 200+ inside & out.

Could expand on offering more exclusive events and functions. - No current local marketing being done for surrounding residences for lunch and breakfast specials. - This business would suit two owner operators.

Licenced - A very unique dining experience with espresso bar & bar being separate to restaurant. - Fit out cost was over $900k.

This business has an area of 400m2 with a large alfresco dining area, office space & additional storage.

Close to a major race track in one of the original premium precincts of Brisbane with great proximity to airport & CBD.

Trading Hours
Cafe - Mon. - Sun. - 600 a.m. - 200 p.m. - Bar / Restaurant - 700 a.m. - 900 p.m. - Tues. - Sun. - closed Monday.

10 year lease expires May, 2021 + 5 year option - C.P.I increases. - 3 month bond.

1 owner + 1 full time Manager + 3 full timers +. 20 casuals.

First time on the market - Current owner works 25-30 hours p.w. covering administration work. - Peak sales have reached $35,000-$38,000 p.w. - All equipment owned. - Figures displayed above are based on current operation of being under management. - Rare opportunity to obtain a very successful business. - This business would suit an experienced owner operator to run the cafe and bar.
Weekly Sales $30000
Rent (ex GST) $3250
Wages $10500
Profit $3000

SBX Business Code: TTQE1056

SBX Business Brokers - Sydney Business Exchange

Map for Ascot QLD 4007
Map for Ascot QLD 4007Ascot QLD 4007
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