Trendy Cafe Mona Vale – New Refurb. – Under Semi Mgt

Price: $19,000 Location: Northern Beaches, NSW Ref: 5111657
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Trendy Cafe Mona Vale – New Refurb. – Under Semi Mgt
Price :
$19,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Alcohol/Liquor, Takeaway Food
Full Description :

Unbelievable cafe opportunity on beautiful Northern Beaches. Owner has slashed price to sell due to a legitimate commitment to other businesses. Reluctant sale as owner has just invested $70K on a stunning shop re-fit and branding. Includes liquor licence. This offer will not last long. 

Key Features:

  • Superb location, great exposure to pedestrian foot traffic and easy access for cars to park in street.
  • Brand new fit-out, with ambience and appeal. Clean, modern cafe designed by industry expert.
  • Business set up by very skilled, experienced and reputable operators with commitment and passion for good quality food.
  • Generous 5 x 5 x 5 lease term to mid May 2034,
  • Cafe has excellent seating for 45, including 15 outside in prime position on the lively Mona Vale town strip.
  • Creative , modern cafe menu featuring excellent coffee, a range of breakfast and lunch items from Poached eggs to a delicious range of burgers and salads.
  • Liquor Licence (50 patrons til 10pm) enabling night time trade eg burgers-beers-cocktails.
  • Established business.
  • Owner selling genuinely due to other business interests.
  • Outstanding feedback from online review platforms.
  • Currently operating 7 days, 7am-2pm plus one evening (Saturday) which could be extended.

Potential:

  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses. 
  • Increase daily trading hours leveraging off liquor licence.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5111657#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5111657#enquire-now

Annual Rent : $82,764 - Weekly Rent : $1,592

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 : May 2019

Lease End : May 2024

Lease Option: 5 + 5 years

Total Land Area : 114 Square Metres

Total Floor Area : 70 Square Metres

Franchise : No

Approximate Stock Value : $2,000

Year Purchased : 2019

Year Established : 2017

Days Trading : 7

Staff : 2 Full Time - 1 Part Time - 1 Casual

Staff Salaries : $115,000

Additional Notes : Sales growing week by week toward $10K week Target.

Reason for Sale : Partner business commitments

Location : Mona Vale

Business Potential : Increase catering, utilise liquor licence, trade longer hours with dinner menu

Parking Comments : Abundant parking on street, 2 car spots for owner

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