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Cafe - Espresso - Takeaway - Alfresco - Profitable - Southern Sydney
Internal Ref: GN1374
Summary
SBX Code: GN1374 - Cafe-restaurant - Bar - Open balcony seating area with retractable roof system. - Price $150K
Rent
$1,081 pw
Net Profit
$4,089 pw
Location Details
Situated on a busy main road in a popular shopping strip with a village atmosphere in the Upper North Shore
Potential
Dinner service has the potential of additional $2k / week (open just 2 days) - tried and tested before. This further increases revenue and profit. Exciting growth potential for the new owner.
Hours
6 days - Tuesday to Sunday 730 am to 230 pm.
Lease
New 5 year lease from March 2024 plus 5 year option.-3 month bank guarantee - annual CPI increase.
Employees
One Manager + 1 chef + 1 full-timer + 3 part-timers.
About the Business
Cafe - Takeaway - Bar - Upper North Shore
SBX Code: GN1374
Cafe - Restaurant Bar serving approx. 20kg of coffee p.w. with a steady stream of regulars.Delicious, diverse menu including toasted breads, bacon & eggs, avocado rolls, eggs benedict, hearty brekky options, fresh salads, chicken and steak dishes, plus signature Korean bulgogi burgers with chips.Fully licensed bar with an excellent selection of beer, whisky, wine, and more.Seating for up to 60 people, with a premium retractable roof system on the balcony (valued at $60,000) for year-round comfort.
Features
Warm, inviting atmosphere with lovely staff and a great balcony dining experience. - Well supported by the local community with a strong and consistent customer base.
Premises
This business has an area of 124 sq.mts. having beautiful open balcony seating area with full kitchen, cool room and toilet.
Comments
Rare opportunity to purchase such a successful cafe-restaurant-bar - Ideal for an owner-operator or hospitality group looking to walk into a turnkey business with strong foundations and immediate upside - Coffee machine is owned by the coffee supplier no capital outlay needed - Managers wage of $1,850 has been taken out and shown in profit for owner operator. - At this price it is a must-inspect opportunity serious buyers only, and please be discreet when visiting.
SBX Code: GN1374
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