Skip to main content

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.

Potential
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.

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

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

Location
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.

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

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

Comments
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.
Figures
Weekly Sales $30000
Rent (ex GST) $3250
Wages $10500
Profit $3000

SBX Business Code: TTQE1056

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2015956618
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  11 Dec 2019
Map for Ascot QLD 4007
Map for Ascot QLD 4007Ascot QLD 4007
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
CallEmail