Location:
Crows Nest 2065 > Sydney - Greater > New South Wales
Investment level:
$299,000 + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
This bustling café/espresso bar is known throughout Crows Nest and Lower North Shore
This bustling café/espresso bar is known throughout Crows Nest and Lower North Shore for its exceptional coffee and targeted offering. The rent is low (5% of turnover), there are no outgoings and the lease is long! The operation is remarkably easy to run! High foot traffic with the new Metro Station close by!
The Vendors have created a non-complicated and streamlined process to operate under management, whilst maintaining low labour costs and increasing profitability. A very simple operation, with quality products, that separate it from any competition. All brought in or made daily, with minimal preparation.
With the return of workers to the office, the increased public transport patronage and the sense of normality within the community, the time is right for an experienced and astute operator to take the business to higher sales levels. Currently using over 30kg coffee per week and with a turnover of $15k per week. Rent is $645 per week total!
There is footpath seating allowing for the quick coffee fix for around 6 patrons.
The opportunity here is to continue the trajectory of the model that the current Vendors have created and capitalise on the increased number of office workers and commuters in the area. The low rent, no outgoings, long lease and under management operation tick all the remaining boxes for a great and simple-to-operate business to buy!
Lease Details
The Lease commenced on July 10, 2025 and expires on July 9, 2030
A 5 year option is available (taking the lease to July 9, 2035) upon application
3% rental increases annually and at option
There are no outgoings
There is no Guarantor required
A two month bond is required
two month bond is required
Premises Details
The business is in good condition and occupies approximately 49m2 with 4-10 seats inside and with a footpath license for 6 outdoor seats. The business has an approximate 5m frontage with a good street presence. One car space is included.
Staff Details
The business is run under management by the following:
1 x Casual Manager
3 x Casual Barista
4 x Casual FOH
1 Owner spends 5 hours per week in the business.
Opening Hours
7 days a week
6:30am to 2:30pm from Monday to Friday
7am to 2pm Saturday and Sunday
Opportunity
The opportunity here is to continue the trajectory of the model that the current Vendors have created and capitalise on the increased number of office workers and commuters in the area. The low rent, no outgoings, long lease and under management operation tick all the remaining boxes for a great and simple-to-operate business to buy!
**Weekly**
Coffee Sales 30Kg
Sales $14,623
Rent $645
Wages $3,286
Net Profit $3,424
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