Simply The Best Alfresco Dining Cafe In Perth For Sale

Business description

Simply the Best - Alfresco Dining – Av Sales $17k + p/w – seating for 90 – Prime Location $529k

Located in one of Perth’s affluent popular areas 11 kms south of the CBD.

T/O $800k+ FY 2011 and forecast nearly $1m for 2012

Alfresco dining outside for 30 with seating belonging
exclusively to the business

Lease till 2017

Great trading hours Monday – Saturday 7.30 a.m – 5.00 pm.

Opportunity to add Alcohol license

Opened March 2010 – Highest quality fixtures and fittings

Sales Growth of 12% for first six months this FY

This Jamaica Blue Café truly is “Better than most of the Rest” in Australia. The indoor/outdoor setting caters for Perth’s warm summers and balmy winter days. The top quality fit out is evident in the wooden bi-fold doors, signage, comfortable leather chairs, solid wood tables and granite counter.

In the best position at the front of the centre it is ideally located in one of Perth’s premium shopping complexes. The centre provides a complete and contemporary shopping experience, befitting the area. Sixty specialty stores, over 1200 parking bays and Woolworths & Big W among the major retailers.

A rare opportunity to purchase a highly successful Café belonging to one of the most popular and in demand Franchise groups in Australia. The Food Co group is renowned for its quality food and coffee. The support and training offered to its Franchisees is second to none.

The really good businesses like this one sell quickly; so contact Angela by clicking on the contact seller button below.

Franchise terms

6% Royalty to Food Co and 3% marketing fee to Food co

Property information

Real Estate:

Lease

Lease terms:

Commenced Dec 2009 for seven years. Due expire Dec 2016.

Leasehold rent:

$102,200 per annum

Location:

Located in modern shopping centre with over 60 specialty stores and major retailers.

Premises details:

129 sqm including inside seating for 60 and outside dining area for 30 patrons.

Other information

Expansion potential:

Currently the owners choose not open for late night trading. New owners could extend hours and also apply for lucrative Alcohol license.

Support & training:

Food Co is one of Australia's leading Franchise groups. They provide comprehensive training for two weeks at their purpose built training centre in Sydney and also one week in a store prior to settlement. On going support is also provided.

Reasons for selling:

Family demands.

Trading hours:

Monday to Saturday 7.30 a.m. to 5.00 p.m

Financing available:

Advance Business Brokers can recommend a Finance Broker if required.

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$6,000