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Overview
This well-established cafe located in West End is a popular destination for local office workers and residents, operating seven days a week. The cafe offers a range of refreshments including coffee, fruit juice, soft drinks, sandwiches, and simple meals, catering primarily to the nearby working community and residents.
With a weekly turnover exceeding $10,000 and a monthly rent of about $4,000, this business boasts high-profit margins, making it a compelling investment opportunity. The current owners, having managed the business for over six years, are seeking to sell to take a break, presenting an advantageous acquisition for prospective buyers.
This is an excellent chance to acquire a thriving cafe business with a strong customer base in a vibrant location.
Local Market Insights
In West End, Quiet Listings observed 3 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $851,000. The property type mix of listed properties is predominantly Apartments at 75%, followed by units (11%), and houses (7%). Ray White was the most active agency monitored, representing 25.3% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
West End QLD 4101
Market Insights for West End QLD 4101
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
