BOOMING CAFE FOR SALE!!

1 Otho Street, Inverell, 2360

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159,000 AUDEst. Mortgage: AUD 1,117/monthFor Sale
  • Ownership Type Other
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Golden opportunity to purchase this cafe in the heart of the CBD. Beautiful corner location recently painted and updated.

High traffic flow area.
2 cooks, 1 takeaway cook, 2 waitresses, 1 dishwasher, plus the owner.
This well-established business has been operational for the last 20 years, 12 years with the current owner.
Current lease in place till 2023
Current rent $3800 per month 2021
STAFF: Owner: 8 hours, 5 days per week.
Cook 1: 6.5 hours, 4 days per week.
Cook 2: 4.5 hours, 5 days per week.
Takeaway Cook: 9 hours, 4 days per week.
Waitress: 3.5 hours, 4 days per week.
Waitress: 3.5 hours, 4 days per week.
Dishwasher: 3.5 hours, 3 days per week.
All staff are casual.
HOURS OF TRADE:
Monday: 7:30 - 3:30
Tuesday: 7:30 - 3:30
Wednesday: 7:30 - 3:30
Thursday: 7:30 - 3:30
Friday: 7:30 - 3:30
Saturday: 8:30 - 1:00
Sunday: Closed.
Not open public holidays.
Easter: Closed 4 days.
Christmas: Closed Christmas - New Year
LEASE: From 1st May 2019. Expires 30th April, 2024.
INVENTORY:
- 60 Red restaurant chairs
- 4 Small round tables
- 13 Large tables
- 22 Outside chairs
- 6 Outside tables
- Various play equipment in kid's corner
- 1 x 3 door cool-room fridge
- 3 Freezers
- 1 Small freezer
- 2 Cash registers
- 1 x 3 door fridge in drink area
- 2 Blenders
- 1 Juicer
- 1 Milkshake machine
- 2 Cake display fridges
- 1 Hot pie large display
- 1 Cash register unit
- 1 Sushi prep fridge
- 1 New air conditioner
- 9 Stainless steel benches
- 1 Dishwasher
- 1 x 2 door sandwich prep fridge
- 2 Microwaves
- 1 Sandwich press
- 1 Buffalo meat slicer
- 1 Robot coupe vegetable prep machine
- 1 Euromaid oven
- Various knives, pots, pans, cake pans, bowls etc.
- Various red and white plates
- 2 Large fans
- 2 Small fans
LEASED:
- 1 Large Goldstein hotplate
- 1 x 3 basket deep fryer
ON LOAN:
- 1 x 2 Group coffee machine
- 1 x Coffee grinder
There is plenty of opportunity for expansion with long term staff in place.
Don't miss this opportunity on this little money spinner

Location on Google Map

1 Otho Street, Inverell, 2360

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