Small Community Cafe Inner East Sydney- low overheads, newly renovated

Yesterday, 2:16am

Private Seller

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Summary

Cafe is newly renovated, in heart of Zetland/ Green Square, new buildings and school openings, has liquor license in place, potential to expand outdoor seating, drinks offering and evening operations

Revenue

$8,000 pw

Rent

$1,120 pw

Potential

Location:
next to Green Square Station, opposite new park, next to new public school and
surrounded by existing and new apartment blocks
catering mainly to young professional and
wealthy international students residents.

Skills

Currently under management, suitable for investor or someone who wants to work in the business to increase profits

Hours

open 7 days cafe hours- can be extended and would be recommended
given there is a liquor license in place.

Lease

Flexible

Employees

2 rostered on weekdays and 3 rostered weekends

Reason for Sale

Seller urgently needs to relocate overseas

About the Business

Cafe is newly renovated, open 7 days cafe hours- can be extended and would be recommended
given there is a liquor license in place.
~ Weekly figures
T
urnover ~8k
rent $1120 incl GST and outgoings
labour 3k
profit ~800-1000 (under management so will be much higher if self managed and making use of
the liquor license in place)
Size
internal 50m2 and big external area, currently 25seats and you can extend to 40seats or more
Location:
next to Green Square Station, opposite new park, next to new public school and
surrounded by existing and new apartment blocks
catering mainly to young professional and
wealthy international students residents.
Seller urgently needs to relocate overseas, hence the reason for the sale. In consideration of the
urgency, asking price is extremely well priced at $100,000 (negotiable) and includes:
Existing equipment ~80k (after independent consultant evaluation)
Premise security bond is $20,000

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