Internal Ref: SFG1142
Summary
SBX Code: SFG1142 - A 5 month steep trajectory trading history confirms the extraordinary potential of this heritage cafe destined to become the destination cafe in the hills district.
Rent
$0 pw
Net Profit
$0 pw
Location Details
Remarkable location upon historic heritage listed estate in North West Sydney.
Potential
Unrestricted hours allow for 7 days regular trade and out of hours trade for functions and events.
Hours
No restriction on hours
Lease
A 3 + 3 + 3 year lease is anticipated with annual increase and market review at option renewal time
About the Business
Cafe - Restaurant - Function Centre -Leasehold - North West Sydney
SBX Code: SFG1142
Cafe - restaurant - function centre. This Historic heritage listed cottage cafe and function centre argueabley represents Sydneys best and most unique food and hospitality opportunity. With a restoration cost over $1m no expense has been spared on restoring and updating this picturesque 1890s cottage to potentially become the standout hospitality venue in Sydneys North West growth corridor. The venue features several internal dining rooms suitable for both casual and formal dining with gorgeous timber flooring, ornate high ceilings, picture rails and time appropriate decorations. Situated upon a 1000m estate the wistful grounds feature external dining areas and play areas for children. Naturally the facility features brand new state of the art kitchen equipment, with an indoor/outdoor servery area which is ideal for takeaway clients. Complimenting the near faultless opportunity is its own adjacent car park, and the fact that it is fully licensed. Further there is no restriction on trading hours. The venue is ideally suited as being a daytime up market heritage cafe and an evening function centre for any celebration including small to medium sized weddings.
Features
Unique heritage listed property.Full million dollar plus restoration.Brand new kitchen facilities. Equally suited for dine in or takeaway. Own carpark. Beautiful grounds. Outdoor childrens play area. Local population growing daily. Next to child care centre. Suitable for events an functions. Fully licensed.
Premises
Magnificently restored 1890s cottage with modern kitchen facilities set amongst picturesque grounds with the cottage comprising approx. 200 sq mts.
Comments
The vendor has a strong preference for selling the business to a high level experienced operator befitting of this stunning business opportunity. The business opened as a partnership in late 2023. A dispute forced the venue to close in May 2024 with the last month of trading generating a verifiable $100k in sales. Sales growth was evident month to month. The continuing owner now offers the business for sale to an experienced professional operator capable of making the venue is under priced at this asking price. A new lease is contemplated on 3 + 3 + 3 terms with annual increase and a 3 month bond. Anticipated monthly rental will be around $12k, equating to approximately $2770 plus GST per week. An initial short rent free period may be available T.A.P. GST may apply to the sale price subject to professional advice.
SBX Code: SFG1142
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