Internal Ref: FN1309
Summary
SBX Code: FN1309 - Top location at the entrance of a major shopping centre.-Weekly sales of $65,000-Fully managed operation with excellent reviews and high-end fit-out
Rent
$5,190 pw
Net Profit
$27,000 pw
Location Details
Premium position at the outside entrance of a major shopping centre in Sydneys Upper North Shore having excellent visibility, signage exposure, and ea
Potential
Ideal for an experienced owner-operator looking to improve profit margins-Opportunity to expand catering services-Potential to boost sales through local marketing and a stronger social media presence
Hours
7 days - Monday to Sunday - 700 a.m. to 930 p.m.
Lease
9 year lease commenced March 2019 - 4-month bond - 4% annual rent increases (CPI linked)
Employees
Under full Management - 12 full timers + 5 part timers + 6 casuals.
About the Business
Restaurant- Cafe - Upper North Shore
SBX Code: FN1309
Fully licensed cafe and restaurant serving a wide range of dishes for breakfast, lunch, and dinner. Popular menu items include salted caramel French toast, dry-aged Wagyu steaks, vibrant Asian fusion cuisine, Margherita pizza, pork ribs, Aussie Wagyu beef burgers with chips, seafood marinara spaghettini, olive pasta, and more. The business averages coffee sales of 55kgs. per week, and offers 56 indoor seats and 40 outdoor seats. Liquor license valid until 1130 p.m.. State-of-the-art modern fit-out with no further investment required.
Features
Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base.Turnkey operation - nothing more to spend
Premises
Spacious and beautifully designed cafe / restaurant with 340 sqm of total space with fully equipped kitchen, large dining area, and outdoor seating area
Comments
Operates under a licensed brand name (3 venues in Sydney under the same branding)- Coffee machine, milk fridge, and drink fridge are owned by the coffee supplier, pizza fireplace is owned by the business- Rent includes outgoings and marketing fees- Sales are steadily growing-Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydneys best-performing cafe/restaurants
SBX Code: FN1309
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