Popular Cafe & Dessert Bar. North Strathfield, Sydney.

Price: $288,000 Location: Inner West, NSW Ref: 3769402
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Popular Cafe & Dessert Bar. North Strathfield, Sydney.
Price :
$288,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Restaurant, Bakery
Full Description :

Key Features:

  • Beautifully appointed, modern fit-out
  • Seating for 100, including 30 al-fresco,
  • Prime location within a thriving upmarket retail, corporate and luxury apartment hub in inner west Sydney
  • Menu caters for easy bar desserts such as Macaroons, Tarts and Cakes, plus spectacular made-to-order kitchen desserts prepared exclusively by a fulltime Patissiere. 
  • Fine wine, spirits and signature coffee beautifully accompany food offerings.
  • Generous lease term to August 2025.
  • Extensive unencumbered equipment list with custom made fixtures and fittings
  • Currently operating 7 days, 11am-10:30pm weekdays, 11am-10:30pm weekends
  • Café is fully operational, compliant and expertly set up, with all systems and processes, licenses in place.
  • Strong social media base and outstanding feedback from online review platforms.  
  • Genuine growth and value-add opportunities with room for further innovation and improvement. 
  • Owner motivated to sell.
  • Staff will stay with the business. 

Potential:

  • The kitchen could easily support the inclusion of a savoury focused regular cafe menu.
  • Further increase trading by opening for breakfast.
  • Opportunity to better utilise outdoor area with lights, awnings etc.
  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby corporate offices and development sites.
  • Potential to run under management through promotion of current staff.
  • Potential to build on event and venue hire revenue as this is a highly desirable and unique site for large private functions or corporate events / product launches etc.
  • Large potential to build wholesale brand.
  • Possible flagship location for future expansion through licencing agreements or franchising.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3769402#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=3769402#enquire-now

Annual Rent : $97,826 - Weekly Rent : $1,881

Annual Turnover : $637,000 - Weekly Turnover : $12,250

Annual Gross Profit : $465,000 - Weekly Gross Profit : $8,942

Annual Ebit : $182,000 - Weekly Ebit : $3,500

Premise : Leased

Lease Commencement : Aug 2017

Lease End : Aug 2022

Lease Option: 3 + 3 years

Total Floor Area : 100 Square Metres

Total No of Parking : 2

Franchise : No

Approximate Stock Value : $12,500

Year Established : 2011

Days Trading : 7

Staff : 2 Full Time - 4 Part Time

Staff Salaries : $176,000

Reason for Sale : New business venture

Location : North Strathfield

Business Potential : Franchise, Increasing close proximity population, Wholesale, Events, Stronger Branding Presence

Parking Comments : 2 cars - Patron Parking on Street & behind building in secure parking

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