FOR SALE
$249,000 + SAV ($8,000 approx.)

Contact Agent For Address
Adelaide SA 5000

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Cafe franchise in Adelaide CBD

At A Glance:
• Cafe franchise, run under management
• 35kgs coffee sold per week
• Excellent CBD location
• 10 staff employed
• Lease to 2029
This established franchise is situated in a bustling location within Rundle Mall and has been trading since 2001, with the current vendor operating the business since 2017.
In March 2023, the business transitioned to its current location, offering a refreshed setup and prime exposure. The premises include a well-equipped 10m² storage area, a 3-group La Marzocco coffee machine, and a menu featuring coffee, pastries, toasted rolls, and an array of hot and cold beverages. With 35kgs of coffee sold per week, the business demonstrates a consistent customer base.
Operating 7 days a week, this franchise benefits from the extensive foot traffic of Adelaide's premier shopping precinct, employing 3 part-time and 7 casual staff members, and is currently run under management.
As part of a recognised franchise network, the buyer will receive comprehensive training and ongoing support, ensuring a smooth transition into the business.
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Property Details for Contact Agent For Address, Adelaide

Building Type
Commercial

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 18,024 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 170 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1017 properties were sold in the past 12 months in Adelaide.

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Tony Iasiello
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Raine & Horne Business Sales
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.