Beautiful Café & Eatery. Rosebery, Sydney.

Price: $348,500 Location: Eastern Suburbs, NSW Ref: 4394610
Agent:
Eddie Spurr
Agent Phone:
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Business Headline :
Beautiful Café & Eatery. Rosebery, Sydney.
Price :
$348,500
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Catering
Full Description :

Key Features:

  • Strong reputation and brand. Under management business set up by skilled and experienced operators.
  • Perfect combination of indoor and covered alfresco with outdoor area courtyard to enjoy natural light and warmth. 40 seats.
  • Creative menu with great coffee volume.
  • Operating successfully close to 4 years.
  • 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.
  • Note, this opportunity is not a franchise model, no franchise fee applies.
  • Open to discuss licence option for the use of name or ongoing marketing support.

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

Annual Gross Profit : $615,000 - Weekly Gross Profit : $11,827

Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Jul 2015

Lease End : Jun 2021

Lease Option: 6 years

Total Land Area : 164 Square Metres

Total Floor Area : 164 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $3,000

Year Purchased : 2015

Year Established : 2015

Days Trading : 7

Staff : - 4 Casual

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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