Modern Inner City Cafe for Sale – Opportunity for Growth

Price: $95,000 Location: Inner West, NSW Ref: 4921864
Agent:
Amy Li
Agent Phone:
Office Phone:
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Business Headline :
Modern Inner City Cafe for Sale – Opportunity for Growth
Price :
$95,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Alcohol/Liquor
Full Description :

Located on the main road of a desirable area close to UTS, this cafe has been a local favourite for a long time, especially over the weekend.

Key Features:

  • 150 m2 with indoor and covered outdoor seating for 70 people
  • Modern trendy menu for breakfast, lunch/brunch
  • Big full kitchen
  • Low rent and long lease till 2024
  • Premium brand coffee
  • Current owner is selling due to family reasons

Potential:

  • Currently open 7 days till late afternoon. Massive potential to extend the opening hours throughout the night to capitalise on dinner

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4921864#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4921864#enquire-now

Annual Rent : $93,878 - Weekly Rent : $1,805

Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Jul 2016

Lease End : Jun 2021

Lease Option: 3 years

Total Floor Area : 150 Square Metres

Franchise : No

Approximate Stock Value : $3,000

Year Purchased : 2017

Year Established : 2009

Days Trading : 7

Reason for Sale : Family reason

Location : Glebe

Business Potential : Open dinner

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