Internal Ref: COPO
Summary
LICENSED 90 seat CAFÉ – INDOORS and OUTDOORS - This is Drummoyne’s favourite brunch spot. With an Australian and South American menu. Perfect place to go with family inside or on our rooftop garden.
Revenue
$1,200,000 pw
Rent
$104,000 pw
Net Profit
$140,000 pw
Location Details
58 FORMOSA STREET DRUMMOYNE NSW 2047
Backing onto the property that includes Harris Farm Market. Access is from Formosa Street – between Church and Edwin Streets
Potential
Are you looking for a delicious meal that will tantalise your taste buds? On the hunt for fresh and organic produce treated with love and respect. Craving a dish that will have you raving to your friends? You’ve come to the right place. Thishas been Drummoyne’s favourite choice in the last 9 years. We are a big diverse family, with staff from all the corners of the world we appreciate building last long relationships within our team and have the same approach with our customers, we want them to feel at home.
Skills
This two-storey café is listed on Victoria Road, Drummoyne but you want to head around the back to Formosa Street where the entrance runs right off a handy council parking lot. When the weather is fine make a beeline for the stairs and head up into the open air of the sunny covered terrace. If accessibility is a priority the lower floor is flat as a tack. The better part of a whole smoked trout pokes up through a dish of baked eggs like brilliant pink icebergs in a breakfast sea.
Hours
Sunday: 7.30 am - to 3.00 pm
Monday to Saturday: 7.00 am to 3.00 pm
Lease
A new 1 x 5 year lease is available to a new professional operator.
Employees
Kitchen: Full Time: 2 Cooks; Part Time: 5 Cooks and Kitchen Hands
Front of House: Full Time:1 Cafe Manager + 1 Baristas + Owner (only admin but paid full time)
Casual: 8 service staff on call when needed.
Reason for Sale
The owners have operated this business for more than 9 years. They purchased this business from the previous owners, having worked on the business for several years. They now have an opportunity to relocate to Singapore within the next few months and have requested that the business be put to market to find an experienced and knowledgeable operator to continue the business to maximse the goodwill that has been created.
About the Business
• This Cafe enjoys a very accessible location – just off Victoria Road Drummoyne
• This Cafe was established in nearly 18 years ago – current owner 9 years
• This Café trades: 7 days from 07.00 am till 3.00 pm – but can trade nights as well
• Customers – who come into a casual atmosphere to enjoy the natural surrounds, the relaxed Cafe offerings and the appropriate food, coffee and natural fresh juices
• Fully equipped and easily operating
• On-Premises Restaurant Licence.
• Rent represents less than 9% of turnover
• Business offers an excellent work/life balance.
• A professional front of house team together with a Chef lead kitchen brigade.
• Current owners willing to train new owners and continue in an advisory role – if required.
• Sales more than $1.2 million
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