$30k+ Net Weekly — 6% Rent, Freshly Signed 9-Year Lease

A beautifully fitted modern café in Underwood's newest commercial precinct is generating over $30,000 per week net — consistently, for more than two years. With rent at just 6.35% of sales on a freshly signed nine-year lease, the cost structure here is exceptional for a venue of this calibre. This is a business built on a strong foundation, with clear upside still ahead. Currently under management, the business turns over $30,000+ per week net with cost of goods at approximately 30% and wages at 38–39% — the primary lever for an owner-operator to pull. Rent is fixed at $100,000 per year based on a 3×3×3 lease just executed at 3.5% increases, delivering close to a decade of security in newly built premises. Ultra-high ceilings, a covered outdoor laneway, five private bathrooms, a fully equipped commercial kitchen, and a liquor licence in place with strong trade.

This premium, well-established venue represents a versatile acquisition for an owner-operator or a multi-site group. Current payroll expenses reflect a managed structure; however, an active owner could realistically streamline these costs toward the 30% mark, driving immediate bottom-line growth. The asset combines a high-end fit-out with long-term tenure in a burgeoning commercial hub. With foot traffic set to increase as the building reaches full occupancy, the business is positioned for continued success especially considering they have made no attempt and have continuously turned down private function enquiries which present a clear opportunity.