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Highly Profitable Suburban Café – Avg Earnings to Non-Working Owner $179,133 pa- TAS

This is one of Hobart’s best located cafes, this highly profitable suburban café is not only busy, but it also has a captive market and no direct competition.
Asking Price: $335,000

About the opportunity

Open 7 days a week from 7.30 am until 3 pm offering a fantastic café breakfast, lunch and brunch menu for eat-in and takeaway. The café is trendy, a hidden little gem and has an all season outside courtyard area where the families 4-legged best friend is also welcome. Inside it’s trendy with a funky feel and an open plan service area/ kitchen makes the space easy to operate, and very welcoming for customers.

A very profitable café that averages sales around $620,000 year on year, and an adjusted EBITDA (non-working owners’ earnings) of $179,133 per annum. Currently operating with a team of full-time and part-time staff, the current owner draws a good wage and works around 25 to 30 hours a week either making coffee or managing marketing.

With inside and outside seating options, strong local following and a great reputation this really is one of the best café opportunities in the market today.

Be quick as this easy to operate café that is producing very solid revenues will be popular and will not last long.

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