Summary
We have been operating for 19 years. $780,000 Yearly Revenue. 20kg of Coffee sold Per Week (Avg.). Huge Growth Potential - the cafe is currently only open Tuesday-Friday.
Revenue
$15,000 pw
Rent
$1,072 pw
Expenses
$8,850 pw
Net Profit
$5,078 pw
Location Details
Located near the bustling heart of Balmain.
Potential
The cafe is currently only open from Tuesday to Sunday. Opening on Monday could further bolster sales.
The cafe has an incredible reputation, and hundreds of 5-star reviews, opening a second location or expanding is a viable option.
The cafe also regularly has catering requests, these requests are highly profitable and could be further expanded upon.
Hours
7:30-4pm.
Lease
Set to expire on the 5th of December 2024 with the option to renew for an extra 2 years. Was 5x5 for the past 19 years.
Reason for Sale
Has operated for close to 20 years, and the owner would like to move cities, this is a reluctant sale!
About the Business
This business is an incredible investment opportunity. The cafe has:
- Solid regulars with high average spending.
- One of the most iconic and longstanding cafes in Balmain.
- Excellent, creative, and unique products.
- Stable cash flows with a proven track record of profitability.
- Unparalleled growth opportunities!
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