Internal Ref: SFG1121
Summary
SBX Code: SFG1121 - Highly regarded destination cafe restaurant has a high average dollar spend with excellent clientele and provable profitability. -Takings $18,000 p.w.
Rent
$1,500 pw
Net Profit
$4,250 pw
Location Details
Situated amongst a small group of shops in up market suburb in North West area of Sydney
Potential
Develop seasonal specials. Advertise for more functions.
Hours
6 days. Tuesday to Sunday 7.00 am to 2.30 pm. Thursday, Friday & Saturday 5.30 pm to 9.30 pm.
Lease
Current lease expires 30/9/24 + 3 + 3 year options- 2.5% annual review - 6 month bond but no pe
Employees
2 part time owners+ 1 full-time chef+ 1 full-time kitchen hand+ 1 part-time chef+ 1 full-time Manager+ part-time barman and casuals.
About the Business
Cafe - Restaurant - North West Sydney
SBX Code: SFG1121
Cafe - Retaurant with a modern mediterranean flavour. This highly regarded hills district eatery perfectly combines being an up-market daytime cafe with being an enticing dinner destination. An outstanding google rating of 4.8 underscores its enviable reputation. Breakfast features granola panacotta through to shakshuka baked eggs. The lunch menu is supplemented with distinctive pastas, delectable salads and gourmet burgers. Evening menu is what one would expect from a high class modern mediterranean eatery. Importantly the average dollar spend is around $68 throughout the week. A cosy ambiance and well stocked bar adorns the intimate dining area and provides a contrast to the outside protected alfresco area. A quality eatery in a lovely area of Sydney with a well heeled clientele. Fully licensed with 60 seats inside and 20 outside. The facility is well suited to private functions which are encouraged. The business operates as an up market cafe Tuesday to Sunday and as an evening restaurant Thursday through Saturday nights.
Features
Excellent reputation. Quality clientele. Lovely homely private ambiance. Creative menu offering. Google rating of 4.8
Premises
Charming cosy premises with outdoor courtyard comprising 130 sq m.
Comments
Rare oppportunity to purchase quality well regarded eatery with strong following and excellent reviews. New owners would be wise to follow existing successful formula. Suitable for single owner or partnership. - Misc.- 1- estimated GST. Misc.- 2 - estimated sundry expenses.
SBX Code: SFG1121
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