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Busy cafe selling 48kgs coffee runs Under Management city fringe busy suburb

SELLING PRICE

$890,000.00

LISTING AGENT

Mike Arvythis

OVERVIEW

  • Listing ID 1487
  • Price $890,000.00
  • Categories Cafe/Coffee Shop

Details

Possibly the Best looking cafe you have seen, very large with undercover outdoor seating, Plenty of indoor seating and workspace, just an amazing fit out.

Even during covid, this busy cafe still turns over about $37 to $39K PW while running Under Management.

Licenced Café with Excellent paperwork.

New long secured lease of 8 years.

Rent approximately 5 % of turnover.


Located in one of the best food precincts in Sydney.

Surrounded by residential and commercial buildings. 

Street frontage with very inviting, beautifully designed, undercover outdoor seating.

Sleek and warm indoor seating with open design counter area.Top-quality fit-out throughout with no expense spared with. seating for 91.

The store has the ultimate layout to cater for sit-down or takeaway patronage. Full commercial kitchen with coolroom, ventilation, grease trap, all commercial equipment in excellent condition.

Short trading hours, closes at 3.30 pm.

  • Only trading til 3.30 pm. There is a high demand for later trading, particularly on weekends. Even a couple more hours on Sat & Sun would easily increase the net profit. 


  • Potential to open later for dinner, a wine or dessert bar would work good in this area.


  • Increasing their offering for taking away options, currently there is no premade lunch offering, the area has a large number of office workers that need quick lunch options, such as wraps, etc. There is a refrigerated display for premade/ salad on the front counter that is currently underutilised.


  • Potential to cater for corporate or private functions, which have a high-profit margin.



A business you would be proud to own!


To discuss further:

PLEASE CONTACT

MIKE ARVYTHIS 

0411 690 000



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