Cafe Bar, Darlinghurst – WIWO
Cool bar / cafe located in Sydney’s style and culture hub. The business is currently trading as a cafe / restaurant / bar.
Venue has General Bar Licence to utilise plus very low rent
Prime location for either coffee shop or Cocktail Bar.
- Relaxed fit out, lounges with communal, industrial and recycled elements.
- Licenced capacity for 90 with seating for 36.
- Food offerings are currently cooked Mod Aus & Asian from the full kitchen.
- Lease term to Oct 2027 (3 x 3 x 3).
- Rent low @ appprox $1,000 per week exc GST.
- Strong social media base and outstanding feedback from online review platforms.
- Trading 6 days 9:30am to 2:30pm plus 5pm to 9:30pm.
- The kitchen could easily support a variation in the current menu based on owner’s creative ambitions.
- Opportunity for savvy marketer to ramp up the promotions and social media platforms to increase venue profile.
- Vary trade to suit based on DA 7am to midnight. Sunday licence to 10pm.
- Capture early breakfast trade
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5002874#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=5002874#enquire-now
Annual Rent : $53,858 - Weekly Rent : $1,036
Annual Turnover : $420,000 - Weekly Turnover : $8,077
Annual Gross Profit : $307,000 - Weekly Gross Profit : $5,904
Annual Ebit : $145,000 - Weekly Ebit : $2,788
Premise : Leased
Lease Commencement : Oct 2018
Lease End : Mar 2021
Lease Option: 3 + 3 years
Total Land Area : 55 Square Metres
Total Floor Area : 55 Square Metres
Franchise : No
Approximate Stock Value : $0
Year Purchased : 2010
Year Established : 2009
Days Trading : 6
Staff : - 2 Casual
Staff Salaries : $50,000
Reason for Sale : New business venture
Location : Darlinghurst
Business Potential : Boost promotions, menu variation, hours of trade variation
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