R&H

Adelaide SA

    For Sale

    $729,000 + SAV ($15,000 approx.)

    Iconic Adelaide café in a sought-after precinct

    At a Glance:
    • Established 2013
    • Seats 38 ppl inside, 40ppl outside
    • Selling 50-60kgs coffee per week
    • Lease to 2038
    • Run under management Since its establishment in 2013, this café began as a small coffee bar and has since flourished into a bustling café beloved by the community for its commitment to high-quality, sustainably sourced coffee and delectable brunch offerings. Situated within one of Adelaide's most coveted hospitality precincts, it has earned a reputation as a local institution. Over the years, the café's popularity has soared, requiring expansions beyond its original space. Its latest expansion has effectively doubled its footprint, introducing a completely renovated and architecturally designed space that offers patrons a fresh, modern environment to enjoy. From its humble beginnings with just four employees, the business has evolved into a dynamic team of over 20, and is now operating under management. With seating for 38 indoors and 40 outdoors, the café consistently sells between 50 and 60 kilograms of coffee per week. Secured by a 10-year lease agreement, with the added benefit of a 5-year right of renewal, this grants a new owner a lease that extends until 2038. This presents a unique opportunity to acquire a well-established, flourishing café situated in one of Adelaide's premier hospitality locations. Melanie Winter 0408 085 932 RLA 283100

    Share
    avatar Melanie Winter
    Melanie Winter
    Business Broker & Principal

    Got a property to sell? Contact us for a free Request Appraisal

    Property Info:
    • Property ID: L28104413
    • Property Type:Food/Hospitality - Cafe/Coffee Shop

    Need help with your finance?

    Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.

    avatar
    Sharon Burton

    Mortgage Broker

    Provided By
    R&H