Cafe – Restaurant For Sale – City Fringe

This European & Mediterranean style café is well known for its unique breakfast and brunch menu. Dishes served here include meat, seafood and vegetarian specialities as well as a wide range of house made drinks such as juices & smoothies.

The coffee sales are around 15kg per week (mostly takeaway) and there is also a range of more than ten different teas to choose from.

The average spend per head for dine in customers is around $30.

The business has been established for five years and has shown continued growth year on year. The current owners have perfected the menu over this time to balance customer demand with ease of preparation as well as maximising profit margins.

The shop is approx. 28 square metres and has been fitted out in with a stylish European feel. The seating area inside has seven tables and seats fourteen and there are an additional six seats outside. The kitchen is custom made and is designed to utilise the space required for the menu and style of service.

Behind the kitchen there is a customer toilet and at the rear of the shop there is a cool room, custom built storage area and car parking space.

The tables in this café turn over very quickly and at the weekends they can easily serve more than 150 covers. Customers have welcomed the waitlist system implemented at busy times and most people are more than happy to wait 30-60 mins for a table.

During the five years that this café has been operating the owners have built a very loyal customer base, the café also has strong ratings on all the review platforms and a good social media presence. The café also benefits from a lot of tourist trade and has become a destination for many overseas travellers.

The current trading hours are Tuesday – Sunday 8am-4pm which leaves plenty of opportunity to extend the hours to Mondays and/or evenings if you wanted to.

The Current lease runs until 31st August 2020 with an option to renew for five years plus another 5 years. – Annual 3% increases. A 3 month bond is required by the landlord.

Summary

An established and well organised café in a prime city fringe location that makes the most of every inch of space to maximise the return. Ideal for a chef, couple or foodie that would like to walk into a business which is set up and already producing high net profits.

The owner is prepared to fully train the new owner and is committed to the continued success of the business.

For further information about this business Please Complete this Confidentiality Agreement.

**For confidentiality, the images in this advert are generic and do not accurately represent the style, décor or food of this café**