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Listing Id: 34445 Last Refreshed: 05/12/2024 Total Views: 4 Broker Ref: 23213

Coffee Drive Thru Franchise - Sunshine Coast Southside! Long lease! Growth area! Busy Centre!

Sunshine Coast, QueenslandTake Aways
Asking Price: $595,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

A tremendous opportunity exists to acquire a happening Drive Thru Coffee franchise on the southern end of the Sunshine Coast

The business caters a basic "grab and go" easy menu including breakfast, brunch and lunches.

Along with great coffee, the cafe serves simply prepared foods such as wraps, sandwiches etc. No requirement for a chef!

There is a constant traffic flow to the centre, which will endure for years to come.

Features of the business include:

Lease until April 2029 + 2 x 5 year options

Premises size is 135m2 + a large alfresco seating area + ultra convenient drive-thru

Rent is $10,142 + $1,079 outgoings per month + GST

"Cruisy" trading hours ranging from 5.00am - 6.00pm
(Potential to increase trading hours with an immediate uplift to sales, introduce dark kitchen etc)

Approx. 100 kilos coffee served per week

Turnover for FY2024 was approximately $1,400,000

Staffing is currently a part time 1 owner with 13 well trained casuals.

Return to an Owner/Operator is approximately $175,000 EBITDA (FY2024).

Financial records available

For more information, please contact:

Reg Butler
0438 189 657
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