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[SOLD – OFFER RECEIVED WITHIN 3 MONTHS] Fully Staff Managed, Unique Short Order Café/Restaurant #116

Sold Ref: 1023350

This is a Fully Staff Managed, Unique Short Order Café/Restaurant…Having No Direct Local Competitors & Enjoying an Extremely High Rate of Return Purchasing. Boasting a High Gross Profit Margin of 77-79% … All the Better to Profit from, For an Absent Investor! Or, Assume the Manager or Assistant Manager’s Role and Pocket these Wages Yourself. Sales were $1.5 million (19/20) and are Now Tracking Towards $2 million in 20/21! Its Core & Extremely Popular Menu Items Have Secured the Long-Term Loyalty of Hundreds of Avid ‘Fans’. Net Income $94,678.46 (Jul-Mar 20/21 9mths o/op)

  • Established for nearly a decade, this unique business investment has always been operated day to day by the current multi-layered management staff, including a manager, assistant manager, and supervisor. No chefs are required to operate this business, just cooks. All the staff are multi-trained, able to step into any role at a moment’s notice.
  • This highly systemised operation is not only well located in a high foot traffic area, being surrounded by many other non-competitive food businesses (this is not franchised or a licensed business). This fully staff operation has its systems and procedures so well documented it operates just like a duplicatable operation. The reason for engineering this business this way, is that this owner has chosen to always be absent from the day to day running of this business, having put a priority on free time and lifestyle instead. Remaining at the home office, and investing an average of only 3-5 hours per week. The tasks being mainly viewing financial and operational reports.
  • This business has made the best use of what modern technology has to offer. Adorning each table with iPads, for ease and convenience of client ordering. This instantly reduced staff labour costs and increased average order values by meals and drinks being at a touch of a button. Instead of clients having to wait for staff, more sales have been encouraged for years, due to patrons being able to order instantly.
  • With such a high gross profit margin, and high average dollar spend, per client, this business is renowned for its customisable menu and the fully integrated, cloud based software management system that manages this catering to every client’s tastes, wants and needs, no matter the time of day.
  • So proud of having such effective cost management, the last 9+ years since inception has been a wonderful time for this absent owner. Proving that these operation’s systems are highly effective and allows a greater trust in staff and the management team. All the controls are in place and proven over the long term.
  • Investing barely 3-5 hours per week (minimal time, mainly spent viewing financial and operational reports – from a home-based office, this owner has never needed to be concerned about patron numbers. As, this has become a highly frequented and popular option for a large menu of meals, beverages, and desserts.
  • Clients just adore the fact that they can make the menu, according to their very own tastes and wants. Patrons can choose to eat dessert for breakfast, for example.
  • This idyllic location provides any new investor the opportunity to grow the sales of a high gross profit, fully staff managed investment. This large seat, short order restaurant provides patrons with both inside and outside alfresco dining.
  • There is ample more that a new owner could do to further promote, market, and attract many more patrons. This owner has just enjoyed his “do little” approach. So, come and make even more money from this multi-million-dollar sales business.
  • Everyone has to eat and drink, and this staff managed investment makes it that much easier for them to do so.
  • So little has been done by the current owner, and yet sales are climbing! So, make even more money, being in a high growth area of Brisbane. This business could also be duplicated in other areas (not a franchise, but has all the comparable systems of one.)

An investor or owner operator can enjoy their lifestyle of choice, free time or more money for taking an active interest! Owner is now retiring and is open to all genuine offers $89,900 + SAV ($10-15K)

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Photos Used are for Indicative Purposes Only

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