This an outstanding opportunity to acquire a nationally recognised brand leader where the hard work has been done! Think of coffee, somewhere great to eat, a place to meet and mingle with friends and family, and you will undoubtedly think……The Coffee Club.
• Opened 2015
• Lease to mid-2024 with 7 year option, The Coffee Club holds the Head Lease.
• Rent is 11% of sales every year
• Average sales $ 23,000 per week
• COG average 28%
• COE 35%, including super, work cover
• Operational expenses 13%
• 218 sqm inside with an additional 34 sqm outside undercover.
• Located in a large coastal shopping centre, though the store is in a separate location with other food and beverage tenancies, with ample parking. A large Medical Centre is also under construction in the complex
• Trades Monday to Sunday 6 am to 5 pm
• Excellent long term staff
• Great shopping center, with anchor tenants Woolworths, Target and a huge medical hub as being built beside them.
Asking Price: $250,000 + SAV
This is a fantastic opportunity for a committed owner to develop this business into a substantial asset.
To find out more information about this business, please complete the confidentiality agreement quoting reference number: #5569FR
Broker: Mark Kitson | E: mark@absbrisbane.com | P: 0405 293 644
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com
