Summary
Prime Upper North Shore cafe/bar gem! Under management, netting $3,800/wk profit. All-day breakfast, Korean bulgogi, cocktails & more. 5yr lease. Sale-ready, low-risk buy!
Revenue
$13,000 pw
Rent
$1,325 pw
Expenses
$9,155 pw
Net Profit
$3,845 pw
Location Details
Located on a busy main road in a sought-after shopping village on the Upper North Shore, with a warm, vibrant village atmosphere and strong local support.
Potential
Ideal for owner/operator or have it running under management as is - Just re-opened for Friday / Saturday nights, with figures not yet included in financials.
Hours
Mon - Sun 7:30 am - 2:30 pm
Lease
5-year lease commenced March, 2024 + 5 years option - CPI increases - Bond 3 month bank guarantee.
Employees
Manager/Barista - Chef - 1 part timer - 4 casuals.
Reason for Sale
Relocation
About the Business
Cafe / coffee shop, restaurant and bar, under Management and well located in popular shopping village, providing a delightful dining experience. The menu revolves around proven popular choices, with all day breakfast, and includes a wide range of egg dishes with many optional add-ons. Lunch menu includes tasty dishes such as Korean Bulgogi beef, sandwiches, salads, pasta dishes, fish and chips, and delicious burgers. The new dinner menu is exciting, and presents an eclectic range of entrees, mains and desserts at very reasonable prices. A full range of beverages are stocked, with coffee sales exceeding 26kg/week. Complementing the meals, patrons have access to a well-stocked bar, with a wide choice of wines, beers, spirits and cocktails available. The premises have recently had all cutlery replaced, gas hot water upgraded and dishwasher replaced. Kitchen is well-equipped and maintained, with walk-in cool room.
Exclusive canteen contract for local school providing meals on daily basis
\\Key Features: Great location - Very strong local support - Noted for the high quality of staff service - Excellent ratings - Nicely balanced well-priced new menu catering to all tastes.
History
Been in operation for more than 7 years. Solid loyal customer base.
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