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Foyer Cafe - Espresso - 20% share of business

Listing Id : 227086

Location : Queensland

Category : Cafe and Coffee Shop

Asking Price : 119,000

Business description

Foyer Cafe - Espresso - Brisbane CBD - Agent SBX Code Number: T2944 Cafe - Espresso Bars (2 separate locations) one with full kitchen - Both bars are doing a total of approx. 110 kgs. coffee p.w.- Both state of the art fitout, outstanding design and quality inclusions. - In the main espresso bar full cooked breakfast and great cafe style hot food is served with premade and made to order sandwiches and a range of patisseries. - In the other espresso bar there is no cooking with all food made in the other kitchen. - 35 seats inside - 65 seats outside - Licenced. Potential Huge office catering, private functions, and parties. - Business still growing with building 80% full - Will be fully leased within 3-6 months. - Potential to reach $60,000 per week.. Features Over 110 kgs. coffee p.w. - Profitable - Long lease of over 13 years still available - Two separate espresso bars - Low rent -Outstanding quality - Huge commercial building with 20 % stil vacant - Enormous growth potential. Premises Two separate espresso bars with indoor / outdoor seating and combined area of approx. 250 sq.mts. Location Situated on street level under 34 storey commercial tower with 2 street entrances in prime CBD location. Trading Hours 5 days - Mon. - Fri. - 6 a.m.- 5 p.m. Lease 10 + 5 year lease expires July, 2**** **** month bond - 4% annual increases. Employees 1 owner (Manager) + 1 owner (Barista) + 1 owner (chef)+ 15 casuals. Comments This price will purchase 20% of the shares in the company that owns both businesses. - Also available is a Directorship and a working position within the businesses. - Owner Manager has 40% shares, chef has 20% shares and barista has 20%. - Possibly the best two espresso bars available for sale in Brisbane. - Ideal long term investment or as an owner operator. - First time offered - rare opportunity. Figures Weekly Sales $50000 Rent (ex GST) $4500 Wages $16500 Profit $5000 Agent SBX Code Number: T2944 - SBX Business Brokers


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