Fortitude Valley QLD 4006

$59,000.00

*PRICE REDUCED AGAIN* Cafe / Coffee shop, huge untapped opportunity to grow

Phone enquiries - please quote property ID 23266

FIGURES
Averaging approx. $4,200 per week (Latest week sales $4,853 - 10/11)
Rent (inc GST) $807 per week - includes outgoings + water
Can be run by two, currently Owner operated, no staff
Mon - Fri trade

DESCRIPTION
Brand new business reaching profit in 4 months. Now trading just over 6 months and cemented itself as the "go to" cafe for the major tenants in the adjacent office precinct.

Due to change in personal circumstances, we have reduced the price for a quick sale. This is now a rare opportunity to acquire such a newly established business that is a blank canvas to make your own with significant potential for growth.

Would suit owner/operators as well as established operators looking to expand. This site presents an opportunity to use as a central kitchen with an excellent shop front to offset the costs.

Cafe with commercial kitchen and espresso bar - already selling approx 17 kgs coffee p.w and offering a simple, yet impressive, quick turnaround menu including avocado toast, sandwiches, salads and a variety of burgers. 5 Star rating on Google (20+ ratings)

THE SPACE
Created by hospitality veterans, the floor plan and layout has been designed for minimal staff and smooth service.
- On-trend, brand new scandi style fit out
- 136m2 with additional storage
- Large bi-fold windows right across the shop front giving huge street appeal.
- Full commercial kitchen. Walk in 3 x 3 metre cool room, dry store, 6 burner / oven combo, flat top grill, commercial fryer, ice machine, 2 door under bar fridge, large 2 door display fridge, under counter dishwasher. Room to expand with additional equipment.
- Seating for 40 inside with plenty of room to add additional tables when required.
- Option to expand into a 4 x 4m outdoor space for additional seating.

POTENTIAL
Currently Mon - Fri trade, servicing the large office precinct. Set up and ready to realise further potential;
- Licensed to trade 7 days/nights
- Option to reinstate a previously held liquor license.
- Opportunity to extend offering to surrounding local businesses and residential area
- Untapped potential to push corporate accounts and catering, businesses in the area are currently sourcing new catering contracts.
- Register with Uber eats & Deliveroo for local residences.

LOCATION
Adjacent to a 3,000 person strong office precinct. Situated close to Brisbane CBD, surrounded by offices and residential apartments / housing. It is a developing area with a new school to open in 2020 just around the corner.

LEASE
Lease expires December 2021, with 2 x 2 year options

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Property Details