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Under Management Cafe. Highly Profitable. Low rent. Sydney. Inc 2 Bedroom Apt

SELLING PRICE

$350,000.00

LISTING AGENT

Mike  Arvythis

OVERVIEW

  • Listing ID 1136
  • Price $350,000.00
  • Categories Cafe/Coffee Shop

Details

The Business

Under Management.

Well established business over 14 years in the area

High solid turnover $ 16,000 pw (trial available).

High volume of coffee sales averaging 45-48 kg pw.

Current Owner only does minimal in the business, mainly to overlooks the run of the business.

Strong key staff members at the front of the house (barista) and in the kitchen are in place and they are willing to stay with the new owner.

The premises

Recently gone thru major renovations bringing it up to today's trend with new equipment in place.

Long secured lease in place with 6 years remaining. CPI increase.

It comes with a 2-bedroom apartment upstairs with separate access that has its own kitchen and bathroom.

Courtyard area that can be used for 2 car parking space and separate storage area.

Rent only $ 1100 per week including 2 bedroom apartment upstairs which is easily to be rent out at around  $ 450 to $ 500 per week. Current owner occupies the apartment with his family.


The Location 


Located on a main road in South-Eastern Sydney suburb.

Surrounded by industrial / office complexes, schools, local shopping strip.

Not many competition in the area, the business has a huge potential to grow as it has huge passing traffic in early hours that has not been tapped yet.

Solid Performer Under management business.

High ROI on your investment.

Perfect for either first-timer or experienced operator to take it to the next level.

This business has it all :

location, low rent, high turnover, high coffee sales, key staff members in place.

FOR FURTHER INFORMATION 

PLEASE CONTACT

MIKE ARVYTHIS     0411 690 000




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