Pyrmont cafe for sale - Close to Darling Harbour, Fish Markets, CBD

50 days ago

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Internal Ref: 7575700

Summary

Established in 2016. This cafe can be best described as a cosy, local favourite, well known and loved in the Pyrmont community.

Location Details

It is placed perfectly in the heart of the beautiful Pyrmont community. A short walk over Pyrmont Bridge and you're in the heart of the Sydney CBD.

About the Business

This Cafe

This cafe can be best described as a cosy, local favourite, well known and loved in the Pyrmont community.

Established in 2016, this is the place that customers walk into and feel special because the crew all know their name. And before the person has placed their order, the coffee has been started because their special order is etched in the minds of attentive and well trained crew. Even if it is a 3/4, almond, flat white, with one sugar.

The focus of this cafe has long been quality, speed and everyday value, where people can come everyday, not once a week. The customers here appreciate specialty coffee and tasty food prepared fast so that they can continue on their way. The importance of good operations, efficiency and systems have not been overlooked here to enable a smooth customer experience.

Opportunity

This cafe presents an amazing opportunity for a new owner to walk in and continue the legacy that this cafe has built. The immeasurable goodwill and strong systems established by the current owners enable a smooth transition into a new business venture that is already established.

COVID

This snug cafe has enjoyed 30% growth year on year since it was lovingly opened in 2016. As we all know, COVID has changed things for everybody, but this cafe's revenue has stayed relatively stable and has started to experience a strong recovery.

The cafe is still performing strong in a COVID world because the business model hasn't had to change. It has primarily been a grab and go business and focused on speed with fast customer turnover. It is established on delivery platforms and has contactless ordering functions. There has been a 30% decline in overall sales that are steadily making a strong comeback.


For more details go to https://drive.allbizdealroom.com and complete our online confidentiality agreement. Use the reference ID 7575700 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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