Busy Local Cafe. Collaroy. Northern Beaches, Sydney.

Price: $388,900 Location: Northern Beaches, NSW Ref: 4797210
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Busy Local Cafe. Collaroy. Northern Beaches, Sydney.
Price :
$388,900
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant
Full Description :

Ideal opportunity for with newcomers to hospitality or experienced operators looking for immediate income. 

Ready for busy summer beachfront trading. 

Easy to run model, keep as is or add your own flair and energy.

Serving breakfast, brunch & lunch, this busy café is extremely popular with residents and professionals of the local community. 

Modest rent with an amazing lease secured – 8 years remaining until June 2027 plus another 10 yr. option.

Key Features include:

  • Superb location, great exposure to foot traffic and easy access for cars to park on the main road, side streets or in the abundant beach side car park.
  • Cafe has excellent seating for 70, including 20 outside in prime position on the lively Collaroy strip.
  • Modern, streamlined recent fit-out covering 90 square metres of space. 
  • Fit-out designed by industry-leaders in the F&B industry featuring fully equipped modern kitchen, walk in cool room, appealing refrigerated glass display cabinetry etc
  • Business set up by very skilled, experienced and reputable operators with commitment and passion for good quality food.
  • Current trading hours 5am to 3pm, 7 days.
  • Approx. 48kg coffee/hot choc sold per week.
  • Simple, profitable menu for both eat in plus grab & go with organic, vegetarian and eco friendly options. Features burgers, fresh salads, wraps, sandwiches, great coffee, smoothie bowls / acai bowls etc
  • Includes 2 car spots for the owner.
  • Long lease with very low rent @ AUD $69K per annum (equates to 8% of sales)
  • Full accountant prepared financials are available.

Potential:

  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments.
  • The functional kitchen could easily support a variation in the current menu based on owner’s creative ambitions.
  • Increase daily trading hours to capture night-time dinner sales.
  • Apply for liquor licence to expand beverage offering and further increase sales.
  • Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4797210#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4797210#enquire-now

Annual Rent : $69,600 - Weekly Rent : $1,338

Annual Turnover : $780,000 - Weekly Turnover : $15,000

Annual Gross Profit : $571,000 - Weekly Gross Profit : $10,981

Annual Ebit : $250,000 - Weekly Ebit : $4,808

Premise : Leased

Lease Commencement : Jul 2017

Lease End : Jun 2027

Lease Option: 10 years

Current Outgoings pa: $12,000

Total Land Area : 90 Square Metres

Total Floor Area : 90 Square Metres

Total No of Parking : 2

Franchise : No

Approximate Stock Value : $10,000

Year Purchased : 2001

Year Established : 2001

Days Trading : 7

Staff : 1 Full Time - 6 Casual

Staff Salaries : $230,000

Reason for Sale : New Opportunity

Location : Collaroy

Business Potential : • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments. • The functional kitchen could easily support a variation in the current menu based on owner’s creative ambitions. • Increase daily trading hours to capture night-time dinner sales. • Apply for liquor licence to expand beverage offering and further increase sales. • Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.

Parking Comments : 2 cars - Park on the main road, side streets or in the abundant beach side car park.

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