The Spring Bean Coffee Shop – Atherton Tablelands

February 18, 2021

Description

This highly profitable coffee shop is the perfect opportunity to live an amazing lifestyle on the beautiful Atherton Tablelands in Far North Queensland.

Business Overview
The Spring Bean is a well established and popular coffee shop/cafe located at 62A Main Street, Tolga (only a few minutes drive from Atherton). The seller established the cafe in 2016 and has grown the business into a highly profitable and recommended local cafe.

This is an operator’s dream business! The Spring Bean is in a prime main road location with great exposure, renowned for great coffee and has a tasty but easy to prepare menu. The business absolutely thrived throughout the COVID-19 crisis as it was able to leverage off of its loyal customer base. The 2021 year has seen a huge increase in revenue and net profit and has been their best year on record!

Menu
The Spring Bean is locally known as the place to grab yourself a quality Coffee Dominion coffee. The menu is simple but delicious and includes:

  • Hot Drinks (coffee, tea, hot chocolate, etc)
  • Cold Drinks (frappes, iced lattes, cold brew, nitro cold brew, iced tea all brewed fresh in house)
  • Jaffles and toasties
  • Banana bread & caramel slice – Baked in house

A range of products are also brought in for resale such as locally made baked goods and sweets and the very sought after Marg’s Macarons.

Employees & Hours
The vendor works full time in the business and engages 5 casual employees:

  • 2 casuals work 30-38 hours each per week
  • 2 x casuals work 9-12 hours each per week
  • 1 school student works 3 hours on Saturdays

The Spring Bean’s current trading hours are:

  • Monday to Friday: 6.30am – 3.00pm
  • Saturday: 7.00am – 12.30pm

The lease enables the business to operate longer hours and on Sundays if the new owner desires.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Well established coffee shop since 2016
  • The business thrived during the Covid-19 crisis
  • High net profit being achieved
  • Renowned for it’s great Coffee Dominion coffee
  • Main street frontage in Tolga with great exposure to passing traffic
  • Atherton, Kairi and Lake Tinaroo are only a short drive away
  • Ample free parking directly in front of business
  • Great social media presence with 2,500 followers on Facebook and Instagram
  • Excellent customer reviews and ratings on Facebook, Google and TripAdvisor
  • An easy business to operate
  • Ideal business for a couple or family
  • Room to expand by opening longer hours or introducing a larger menu
  • Well trained employees
  • New long term lease on offer

Sale Price
The Spring Bean is being sold for $130,000 wiwo (neg).

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan Butler – 0419 905 463 or susan@beyond2000.com.au
  • Margaret Butler – 0419 664 349 or margaret@beyond2000.com.au