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On offerMoney Making Café | Lower North Shore | Very High Profit | | Easy to Operate | $ 970.00 Rent

SELLING PRICE

$1,190,000.00

LISTING AGENT

Chris Minas

OVERVIEW

  • Listing ID 2005
  • Price $1,190,000.00
  • Categories Premium listings
    Cafe/Coffee Shop

Details

                       This must be the Best Cafe in The Lower North Shore by Far.....

       This Cafe has absolutely no third party pick up or delivery services so no royalties or commissions to pay to Anyone

                    It has a huge proven Net Profit due to its Low fixed costs and low staffing requirements 

                           A simple model focusing on High Coffee Sales, Breakfast and light Lunch 

                     No Uber Eats, No Menu log , No Deliveroo , No Hey You ,absolutely nothing at All....

Beautiful Urban Cafe in the Best Position Possible in this affluent Area.

This Area is growing and this Cafe can easily surpass over  $ 2 mil Takings per year quite easily with current wages and amenities.

It has a great Lease of 11 years to go with a rent of only $ 967.81 pw ( plus GST ) with 3 Months Bond Only.

No Increases on its Lease till the Year 2022 and that will be only 4%.

Very Short Hours from Monday to Sunday from : 6 am to 2.30 pm.

Excellent Corner Location and its space is 60 sqm which makes it a simple store to Operate.

Coffee Sales are 100 kgs per week proven.

Wages come in at $ 8150.00 PW and Owner takes wages of $ 1,300.00 PW.

Current Owner has been Operating this business for 3 and 1/2 Years.

Its COGS is at 23% due to its location and great margins.

Simple cooking with serving only Breakfast and Lunch , Savvy Operator can extend and take advantage of the afternoon trade as the Area is growing fast.

Reason for this Sale is the current owner is moving back home Overseas.

Excellent paperwork for any due diligence to be done.

   This is a Confidential and Exclusive Sale so Please only Genuine Buyers to Inquire …..

CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION

OR FOR HELP REGISTERING ON OUR SITE PLEASE CONTACT:


Chris Minas 

0414 241 332

chrisminas@networkinfinity.com.au

 



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