West Lakes

For sale

$430,000 + SAV ($11,000 approx.)

Cibo Espresso West Lakes

When you think of cafes in South Australia, CIBO is always guaranteed to pop into your head. Concreting themselves as forerunners in to the strong Adelaide cafe scene, CIBO is a quality franchise that stands out from the rest. Offering delicious Italian inspired breakfast and lunches, they cater to those wanting the cafe experience as well as those who are on the go.

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

RLA 283100

We Know Your Area
R&H Suburb Profile: West Lakes

R&H Suburb Summary Houses
Number of sales 83
Average Price $719,955
Median Price $742,500
Median Rental Price $520 p.w.
Change in Rental Rate (5yr) 13 %
R&H Suburb Summary Units
Number of sales 23
Average Price $436,609
Median Price $393,500
Median Rental Price $383 p.w.
Change in Rental Rate (5yr) 13 %
West Lakes, SA - Median Trend