University Café and Bar – Under Full Management

For Sale $595,000 +SAV
Property Details

For Sale $595,000 +SAV
Description

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Situated in a unique and recognisable University Campus this large profitable café, bar and catering business will suit either a highly organised and professional operator or investors as the business is fully managed.

It has a full commercial kitchen and a good mix of indoor and outdoor seating. The business is underpinned by regular catering and repeat customer base.

The catering side to the business is experiencing high year on year growth in early 2020.

The lease agreement is based on 10% of turnover which means that when the business closes at the weekend or for holidays (3 weeks at Christmas, Easter etc) there is no rent to pay.

The business trades just 47 weeks a year and has minimal input from the current owners.

A fully fitted second café space with DA approved seating area presents a great opportunity to grow the sales immediately. Plans are available for the unused outdoor space and include everything that you need to increase the seating and visibility almost overnight.

A very manageable space which keeps wages in line and profits healthy. An owner operator will obtain a strong ROI. The current figures quoted are with the business fully managed, a working owner could substantially lower the wage costs.

Perfect for a husband and wife team or an experienced operator who wants a cash cow. These businesses do not come around often, get in touch today.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Property Features
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3 Responses

  1. Avatar

    Hi interested in looking further into this business please. Thanks 🙏

  2. Avatar

    Can I please have more information regarding this

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