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Solid trading Foyer Cafe. 5 days only. North Sydney CBD. Premier Location.

SELLING PRICE

$99,000.00

LISTING AGENT

Mike Arvythis

OVERVIEW

  • Listing ID 2114
  • Price $99,000.00
  • Categories Cafe/Coffee Shop

Details

One of the best locations in the heart of North Sydney CBD precinct.  PRICE DROP  $99,000

Excellent street exposure in the main business hub, in close proximity to North Sydney station, retailers, gyms, and surrounding offices.

High Foot traffic.

Well established over 16 years. Newly renovated with quality fitout throughout.

Foyer cafe in a 14 floor A-grade building with high occupancy rate.

Solid trading $ 14K to $ 15K pre-COVID, currently trade at $ 12 K pw.

Catering approx at 10 % of total turnover, which has potential to increase, since COVID has seen a drop in the number of caterers in the area.

Full commercial kitchen with greasetrap and ventilation. Separate storage area.

Coffee sales currently at 35 kg pw, steadily increasing towards pre-COVID figures of 42 kg.

5 Days only. Mon-Fri 6.30 to 4.30 pm.

Could trade on Sat and extend trading hours, if preferred by new operator.

Potential to add Liquor license (STCA), as the premises had a liquor license in the past.

Currently run by husband/ wife team with 2 staff members (adjusted COVID structure).

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Stunning newly renovated Foyer Cafe

Solid trading throughout COVID and steadily increasing back to pre COVID figures

For more information

Please contact

MIKE ARVYTHIS 0411 690 000

.




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