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One of a kind. Sydney CBD 5 days licensed cafe. Multiple streams of revenue. Unbelievable rent and lease term.

SELLING PRICE

$760,000.00

LISTING AGENT

Mike  Arvythis

OVERVIEW

  • Listing ID 1383
  • Price $760,000.00
  • Categories Cafe/Coffee Shop

Details

On offer is arguably one of the best locations in Sydney CBD.

It has unbelievable low rent and long secured license agreement, multiple streams of revenue, unique multiple seating areas to cater for all weathers.

Located in a beautiful sandstone building right in the middle of Sydney CBD, close to City train stations.

Let's just talk about these impressive figures:

* High Turnover $ 25K pw on 5 days trade

* Unbelievable low rent $ 693 per week all inclusive.

   GST, outdoor seating, water, waste collection and electricity ALL INCLUDED. No typo !

* High volume of coffee sales 80 to 100 kgs pw over the year

* Long secured license agreement with 17 years remaining. Only CPI increase.

* Fully licensed, seating for 150, with additional function room available for up to 300 patrons.

It has multiple seating area, garden setting courtyard, side balcony, indoor seating and additional function area available when needed.

Excellent street exposure with state of the art Coffee Cart at the front, to cater for take-away coffee, pastries & premade light meals. 

No expense has been spared on the fitout, the Coffee cart alone was custom-built worth circa $ 80K as new.

Currently only trade 5 days per week (Mon-Fri), finishes early at 3.30 pm.

Potential to open longer, approved trading until 8 pm, also to open on Saturdays.

With its location and its unique space, the potential to tap into corporate or private functions are enormous.

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Due to its unique lease and location,

Only Experienced Operator would be considered by the landlord.

Highly Confidential Sale

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TO DISCUSS FURTHER

PLEASE CONTACT

MIKE ARVYTHIS 

0411 690 000




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