The Coffee Club Outstanding North Brisbane Coastal location Franchise Business for Sale #5569FR

Cafe/Coffee Shop Franchise Takeaway Food

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

• New 7-year lease just implemented, with a 22% reduction from previous lease.

• 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.

• New lease; the Landlord is offering an annual rent reduction of $20,000 (from $149,000 to $129,000)

Asking Price: $140,000 + 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: [email protected] | P: 0405 293 644 Head Office | P: 07 3368 4010| E: [email protected]

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