Busy Cafe, Inner South Sydney

Price: $274,900 Location: Eastern Suburbs, NSW Ref: 4394610
Agent:
Eddie Spurr
Agent Phone:
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Business Headline :
Busy Cafe, Inner South Sydney
Price :
$274,900
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Catering
Full Description :

A rare opportunity exists to acquire a highly esteemed Cafe run under semi management and set at a very reasonable price with all boxes ticked.

Experienced owner operators will find this opportunity very attractive and see the genuine value-add/growth possibilities. 

 

Key Features include:

  • Site offers perfect combination of indoor and covered alfresco with outdoor area courtyard to enjoy natural light and warmth. 40 seats  
  • Operating successfully more than 4 years.
  • Business set up by very skilled, experienced and reputable operators with commitment and passion for good quality food.
  • Approx. 35kg coffee/hot choc is sold per week.
  • Simple, profitable menu for both eat in / grab & go options.
  • Currently operating 7 days, 7am-4pm with potential to increase the trading hours.  
  • Highly popular with locals, tradies, and staff from nearby businesses.
  • Generous lease term to 30 June 2021 plus a six-year option. 
  • 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.
  • Opportunity to expand pre-packed meals, condiments & local produce 
  • 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. 
  • Large quantity of new apartments built near the shop 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4394610#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4394610#enquire-now

Annual Rent : $98,930 - Weekly Rent : $1,903

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 2015

Lease End : Jun 2021

Lease Option: 6 years

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $3,000

Year Purchased : 2015

Year Established : 2015

Days Trading : 7

Staff : - 4 Casual

Additional Notes : Area Estimate - 102 sqm shop + 62 sqm outdoor

Reason for Sale : Other Commitments

Location : Rosebery

Business Potential : • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments. • Opportunity to expand pre-packed meals, condiments & local produce • 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. • Large quantity of new apartments built near the shop

Parking Comments : 1 car - Abundant street parking

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