Business for Sale, Cafe 21 on Bulcock

Reference Number: GKC949
Location: Caloundra
Category: Food / Food Related

Asking Price: $425,000 +SAV
Annual Turnover: $771,363
Status: Available

Business Description

• 30% Return on investment (net profit after owners’ wages)

• Position, Position, Position on main street

• Inviting street appeal with large inventory of plant and equipment

• Highly systemised to ensure excellent customer service

• Sales up a further 10%+ this year

Outstanding licensed café with outstanding figures. This business has it all – perfect position in the main street of Caloundra, strong turnover figures with excellent net profit for owner/operators, quality staff and very attractive street appeal. With even further growth opportunities, this is a serious food business worth very serious consideration.

Café 21 is located in a prominent position in the main street of Caloundra, the busy shopping district for locals and tourists. Add to that the popular Sunday street markets and you have a café in the right position to attract many, many patrons for its range of food choices for breakfast and lunch as well as morning and afternoon tea. The business must be the number one choice for coffee in Caloundra if their kilos of coffee consumed per week are any indication. You will be delighted when you enquire!

Turnover figures have consistently grown each year with a 10%+ increase from 2008 to 2009 and current figures (July to December 2009) also up a further 10%+. The business is able to sustain this growth due to the efficient ordering systems in place and excellent point of sale system. The systems ensure that the business can offer quick service to its customers.

The business has a highly inviting street appeal. While it offers some seating on the footpath, its completely open front façade gives the business an ‘alfresco’ feel without the worry of the weather and encourages passers-by to come in and explore the food choices on display. The business has a large inventory of plant and equipment including coffee roaster and coffee hopper display for any coffee enthusiast to promote. The kitchen is large with multiple preparation areas and large walk in cold room. The kitchen could easily accommodate catering opportunities. A strong lease is in place with nearly ten years left on the current lease.

With so many pluses, this business is well worth further investigation. Its 30% return on investment (if owners’ wages were replaced by additional staff) should make any accountant very happy. This business is well systemised and would suit anyone looking to take on a well-established business with plans to just keep making it better and is ideally suited to a husband and wife team with a food background and great customer service skills. Imagine what you could do with this outstanding business.

Broker Details

Broker: Leanne Petherbridge
Phone: 07 5479 0055
Mobile: 0409 677 711
Email: leanne@coastalbrokers.com.au

For More Information...

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