For Sale $190,000 + SAV
Espresso Bar in Central Albury
This well-known Espresso Bar located in the main street of Albury – an area referred to by local real estate agents as ‘the golden triangle’. It is the highest rated coffee shop on social media platforms which attracts a lot of tourist business as well as a strong loyal base of regular customers.
Established for 15 years, with the current owner running it for 11 years the business is very well set up and incredibly easy to run.
The unique business model allows the owner to wholesale coffee without the hassle of roasting allowing a huge opportunity to build a coffee brand by selling coffee to other cafes. There is also a second site based in Wodonga that is available.
The bar only sells coffee and snacks so the profit is generated solely from the high margins that coffee provides which also keeps the wage bill low.
The current owner works 4 days a week but due to family commitments is looking to retire. He has priced the business very sensibly and will offer full handover and training. The business is attractive to both first time buyers and experienced operators looking to expand.
Imagine smashing out amazing coffee and earning a solid income only working 4 days a week .
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