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Prime corner position located in beach front village on the Northern Beaches

SELLING PRICE

$750,000.00

LISTING AGENT

Anthony Mathers

OVERVIEW

  • Listing ID 1580
  • Price $750,000.00
  • Categories Cafe/Coffee Shop

Details

First time offered on a prime corner location, established 5 years ago, in one of                     Sydney's Northern Beaches ocean side villages.

This neighbourhood café opens for breakfast, lunch and coffees 7 days per week has established a strong following with locals. Who have responded to the, ambience and beach-side casual atmosphere and the wholesome healthy food produced from the open plan kitchen.

Seating 26 inside and another 28 under the awning covered footpath this cafe stands out from the crowd. There is also the opportunity to increase trade into the nights by utilising the On premise primary service of liquor licence.

The business model has unrealised potential, that the present owner unfortunately will not be able to realise due to family circumstances which are the reason for selling.

There is an option to lease upstairs as well  which is a 3 room office space with 2 rooms currently leased and third room is used as an office & storage for the café. If not rent is $1100 per week which equates to 5% of revenue otherwise rent is $1400 per week which includes the office spaceA new 5yr + 5yr lease has just began.

With the anticipation of a big name super market chain opening up across the road this is a business that potentially should be expanded in size and  trading performance as this beach-side village community has a vibrant late week evening trade and the future purchasers would be recalcitrant not to do so.

                                           FOR INSPECTION OF PREMISES AND TO MEET THE OWNER CONTACT

                                                                                          TONY MATHERS

                                                                                            0405 252 629



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