Price $450,000 + SAV ($11,000 approx.)
Location West Lakes SA
Categories Food/Hospitality – Cafe/Coffee Shop
Date Listed 3rd August, 2018
Listing ID 5808
Cibo Espresso West Lakes
Located in the western suburbs premiere shopping centre, West Lakes Westfield, CIBO Espresso is a favourite among the locals and the shopaholics. Seating up to 90 patrons, the cafe sells 50-60kg of coffee per week and even up to 70kg in busier weeks. The kiosk benefits from an abundant amount of foot traffic all day with its prominent position outside of Target.
With annual sales around $1 million and weekly sales of $24,000 (including GST), the cafe shows stability as well as profitable figures. The CIBO brand itself is an icon in South Australia; the franchise is strong and knowledgeable and provides training and support throughout the journey. This well-established CIBO Espresso is an absolute outstanding opportunity!
At a glance:
- Cibo Espresso kiosk located in Westfield West Lakes
- Weekly sales of $24,000 (including GST) and selling 50-60kg coffee per week
- Seating for 90 patrons and continuous foot traffic
- Well established franchise with training provided
Melanie Winter 0408 085 932