New 2019 Listing Cafe Brunch Restaurant Over $3.1 Mil T/O Per Year Inner West Gr

5 days ago

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Summary

Premium Cafe - Brunch - Restaurant First Time Offered , Taking $ 60,000.00 PW , Huge PotentialA highly popular, efficient cafe restaurant that achieves consistently str...

About the Business

Premium Cafe - Brunch - Restaurant
First Time Offered , Taking $ 60,000.00 PW , Huge Potential
A highly popular, efficient cafe restaurant that achieves consistently
strong profit margins on a weekly basis. The Restaurant is perfectly Located in the Inner Wests most popular Street of this very busy suburb, ultimately
creating a consistent influx of customers each day.
Along with
it's great location, the business prides itself in it's ability to
provide a cafe , brunch and dinner menu with food that is delicious, beautiful in it's
presentation and great value for money. The Business is particularly
recognized among locals and visitors for it's bustling and friendly
atmosphere, complemented by the excellent service provided by well
trained and respectful staff. In extension to a great dining experience.
In addition, the
business is a fully licensed Italian restaurant and bar in the evening.
This is a relatively very busy area and anchored around the most respected eateries ,which the new owner can build and develop further to take
the cafe to the next level!
Key Business Highlights:
-Exceptional foundation of more than 20 years
-Lifestyle business providing great value food and coffee, accompanied by a pleasant atmosphere and friendly customer service
-Positioned in a perfect location with high foot traffic
-Recently renovated to the highest of levels and boasts a 9 year long lease
-Consistently solid cash flow providing a safe and long term high income
-Solid platform for major growth and expansion through night trade and other avenues
Potential :
Due to the busy Inner West location & exceptional reputation, this restaurant has enormous potential, such as:
- Extending the trading hours to capitalize on Breakfast / Morning trade.
- As a result of extending the trading hours, delivery / takeaway options can be considered as additional income streams.
-
Expanding into catering via local area marketing, utilising the cafes
exceptional reputation & length of establishment to generate
catering clients.
- This Restaurant has enormous potential to introduce functions and add to what is already a very impressive bottom line.
Owners are willing to train and pass on their knowledge of success to the new buyer.
Hours7 days a weekMon to Fri: 10am - 10pm Saturday & Sunday : 10am - 10pm
LeaseIt has an area of 280 sqm with 8 car spaces on title and lease Expires in 2028 with a 3x6 year option available.
Rent is 9% of its Turnover.
Seating capacity is for 160 inside and out.
Cost of Goods are at 28% of

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