Ref: 3173, Lobby Cafe, CBD

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Summary

Positioned in one of North Sydney's most sought-after commercial buildings, this is a rare opportunity to secure a dual-concept caf & restaurant within the same building, capturing maximum...

About the Business

Positioned in one of North Sydney's most sought-after commercial buildings, this is a rare opportunity to secure a dual-concept café & restaurant within the same building, capturing maximum foot traffic while eliminating direct competition.

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Key Financials
Asking Price: $650,000 Turnover: $33,000-$35,000 per week Net Profit: $6,000 – $7,000 per week COGS: ~30% Wages: $10,500 per week
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Lease Details
Espresso Bar Rent weekly : $1,765 + GST Restaurant Rent weekly : $4,950 + GST
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Business Highlights
Two venues in one building – espresso bar + full-service restaurant Located in a premium North Sydney buildingnear the new Metro Positioned in a rapidly growing commercial hub Recently upgraded, high-end fit-out – no further capital required Includes full commercial kitchen & large cool room Fully licensed venue Strong coffee sales: 70kg+ per week
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Growth Potential
Currently trading Monday to Friday, 7:00am – 4:00pm only Significant upside through:
o Afternoon / evening dining & drinks (happy hour)

o Weekend trading

o Corporate catering & events
Ideal for a hands-on operator ready to scale the business
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Location Advantage
Situated in one of North Sydney's best buildings Previous vacancy due to major tenant (Vodafone) departure Strong future upside with Pepsi Head Office secured to move in High foot traffic set to increase as occupancy returns
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Exceptional Value

Replacement cost for a setup of this quality would exceed $1 million – walk in and operate immediately.

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Reason for Sale

Owner unable to dedicate time due to multiple business commitments.

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Rare opportunity in a tightly held North Sydney location.

Experienced operators only – enquire now.

TURNOVER: $33,000 - $34,000

PROFIT: $6,000 - $7,000

LEASE: 2 Years + 5 Year Option

RENT: $6,715 + GST

WAGES: $10,500

STAFF: 2 Full Time, 8 Casual

TRADING: Monday - Friday 7.00am - 4.00pm

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