Internal Ref: M2234
Summary
SBX Code: M2234 - Local favourite cafe in perfect location. Modern designed. Regular customers. Long lease. Great growth potential.
Rent
$1,500 pw
Net Profit
$3,150 pw
Location Details
Prime location under commercial building surrounded by companies and group of high rise apartments in City Fringe opposite a large green park.
Potential
Could add home delivery. Promote local marketing. A full time owner operator could increase sales and make more profit.
Hours
7 days - Monday to Friday 7 am to 230 pm. Saturday & Sunday 8 am to 2 pm.
Lease
5 + 5 years lease commenced November 2023. - 4% annual increases. - 6 months bond.
Employees
One owner ( working 3-4 days and other days Tafe study ). plus 5 casual staff.
About the Business
Cafe - Espresso Bar - Takeaway - City fringe Sydney
SBX Code: M2234
Cafe / takeaway serving 25 kgs of premium coffee p.w. and offering a variety of breakfast and lunch menu including avocado toast, eggs benedict, sandwiches and burgers etc. It is a modern and cozy atmosphere with indoor and outdoor seating options. The business set up cost was around $250k in year 2019. Currently added new ice machine, toast machine and deep fry machine. - 32 seats
Features
Perfect location. No direct competition. Regular customers . Local favourite cafe. Long lease with reasonable rent. Well priced for quick sale.
Premises
Modern designed and well presented cafe with an area approx. 45 m2 plus outside seating area.
Comments
Misc.- 1- Refers to bank fee and rubbish bill. A great and profitable local cafe in Inner City area. A must to inspect.
SBX Code: M2234
SBX Business Brokers
Connect with us