$1.5Mil Turnover Cafe with Great location in Penrith
Chance of life style
The Coffee Club celebrates almost three decades of really good food, great service and excellent coffee.
If it wasn’t for an appetite for coffee it may never have happened! In 1989, Brisbane City, founders Emmanuel Kokoris and Emmanuel Drivas cruised Brisbane late one night in search of a decent coffee, and came up empty handed. This disappointing experience inspired them to seize the opportunity, so they formulated a plan to take the world by storm – a coffee storm – now affectionately known as The Coffee Club.
Their lightning bolt idea was to create more than just somewhere for people to meet for coffee; it would be more casual, comfortable yet sophisticated, stylish yet affordable. This untapped need in the Australian hospitality market was all about to change.
Stepping onto the scene in 1990, flamboyant new director John Lazarou spearheaded a targeted marketing plan aimed at putting The Coffee Club front and centre for the world to see. The brand grew exponentially, focused on not only providing a great place to meet, but to be a brand that contributes to and involves the Australian community, year after year.
Since opening its doors in Brisbane in 1989, The Coffee Club has become Australia’s largest home-grown café group with approximately 400 stores throughout 9 countries, with upwards of 40 million dedicated customers.
This store in the Penrith district is currently experiencing a 20% sales growth, and a 14% traffic increase. The store was refurbed in 2018, so nothing to spend on the fit out.
There is 5.5 years left on the lease, and is located strongly in a corner location with some 50 seats internally, and 40 seat externally. The external area is also heated and protected from the weather.
The business is continuing to show strong growth, and will do so with the approval of 2000 units within 500 meters from the retail precinct.
The business is operated by a family and would suit some energetic people who want to manage the growth and continue to provide excellent quality and service to their loyal customers.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4908002#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4908002#enquire-now
Annual Rent : $160,000 - Weekly Rent : $3,077
Annual Turnover : $1,560,000 - Weekly Turnover : $30,000
Annual Gross Profit : $1,092,000 - Weekly Gross Profit : $21,000
Annual Ebit : $144,500 - Weekly Ebit : $2,779
Premise : Leased
Lease Commencement : Jun 2018
Lease End : Nov 2024
Current Outgoings pa: $37,500
Total Floor Area : 150 Square Metres
Total No of Parking : 350
Franchise : Franchise Resale
Franchise Royalties : $109200
Approximate Stock Value : $17,000
Year Purchased : 2011
Year Established : 2011
Days Trading : 7
Staff : 3 Full Time - 24 Casual
Staff Salaries : $465,000
Property Url : www.coffeeclub.com.au
Reason for Sale : Moving on
Location : Western Sydney
Business Potential : 2500 units have been approved for building within 500 meters of store
To enquire about this listing, please fill in the form below.