Location:
Redfern 2016 > Sydney - Greater > New South Wales
Investment level:
$399,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
The business would be ideal for a family or an individual who is interested in operating the cafe and has the motivation to see it through to its full potential.
- Full commercial kitchen with bar, liquor license, cool room, storage, and restroom.
- Average weekly sales of $22,000, ($18,000 over counter, $2,000 online delivery, and $2,000 in cash)
- Weekly rent of $1800 (includes GST), which is below 10% of weekly sales ; The current lease expires in May 2028 with a 5-year renewal option
- Prime Location: The café has an ongoing flow of foot traffic and sales due to its high visibility and loyal clientele.
- Established Business Model: The café has had the same owner for about 5 years; throughout that period, it built up loyal customers and earned a reputation for offering high-quality food and exceptional customer service.
- Operational Simplicity: Offers a balanced work-life schedule by being open seven days a week from 6:00 AM to 4:00 PM.
- Under Management: The café is fully staffed to manage day-to-day operations and customer service, and it is under management.
- Growth Potential: There is potential to extend the evening services hours, save costs on staffing, add new menu items, or supply catering for events.
- Training and Support: To ensure a smooth transition, the new owner will receive comprehensive instruction covering daily operations, staff management, and customer service.
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