Reduced Price! Premier Cafe & Wine Bar in Lower North Shore (Under Offer)

11 days ago

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Summary

A Rare Opportunity to Own a Highly Quality Fully Operational Cafe and Wine Bar in a Prime Location. Located in the heart of the newly developed boutique retail complex, this vibrant cafe and wine bar

About the Business

For Sale: Premier Cafe & Wine Bar in Lower North Shore.

A Rare Opportunity to Own a Highly Quality Fully Operational Cafe & Wine Bar in a Prime Location.

Located in the heart of the newly developed boutique retail complex, this vibrant cafe and wine bar offers an extraordinary chance to acquire a thriving business with a unique concept. This business combines the best of both worlds: a cozy neighbourhood breakfast spot by day and an upscale dining and wine bar by night.



Trading Hours
Mon - Fri: 7:00AM – 3:00PM, Sat - Sun: 7:30AM – 3:00PM, Fri-Sat: 6:00PM – 10:00PM.

Income
Last 6 months (Jan-Dec 2024) the business average monthly sale is (-/+) $114,000 and recent weekly sales $27,150.

Employee
2 x Fulltime, 4 x Part-time & 7 Casuals.

Lease

Lease commenced on 29/04/2023 and expires on 28/04/2028 with Renew Options: 5 Years + 5 Years.

Current Lease has a Fixed 4% annual rent review.

Requires Bank Guarantee of 4 Months’ Rent + GST (initial $63,484.32).

Current Monthly Rent: $13,418.53 + GST with an estimated Outgoings of $133.12 per month.

Lettable area approx. 89 sqm indoor area and approx. 28 sqm uncovered semi-outdoor area.

Key Business Highlights

Warm & Inviting Design: The layout boasts high ceilings, architectural finishes, and a cozy alfresco seating area. Perfectly designed to create a warm, welcoming ambiance.

Premium Location: Positioned in a prime street-level spot with maximum exposure to both pedestrian and vehicle traffic.

Award-Winning Coffee: Famous for its multiple award-winning specialty coffee, the cafe serves a remarkable 70kg of coffee weekly, attracting loyal customers from across the region.

Full Management or Owner-Operator Flexibility: This business operates seamlessly under full management, ensuring minimal disruption during the transition. Alternatively, it’s ready for an owner-operator to take the reins and earn more profits.

High-End Fitout & Finishes: Every detail, from the stunning interiors to the fully equipped commercial kitchen, reflects a commitment from the Owner to quality.

Flexible Space: The venue’s adaptable design allows for a variety of uses, including cafe, restaurant, bar, or even workshops and classes.

Affluent & Active Community: Located in a safe, high-income suburb, surrounded by private schools, a national park and river, a golf course, and a swimming complex, ensuring consistent patronage.

Liquor License: Benefit from the existing liquor license to offer an expanded beverage menu, including premium wines and cocktails.

Strong Online Presence: With active socia

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