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Sold5 days Under Full management | Sydney cafe restaurant

SELLING PRICE

$690,000.00

LISTING AGENT

Mike Arvythis

OVERVIEW

  • Listing ID 2449
  • Price $690,000.00
  • Categories Cafe/Coffee Shop

Details

Let's just talk about these impressive figures

* High Turnover $24K pw on 5 days trade.

* Unbelievable low rent $693 per week all inclusive. 3% percent Of the T/O

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

* High volume of coffee sales 55 to 60 kgs pw over the year.

* Long secured license agreement with 14 years remaining. Only CPI increase.

* Fully licensed, closed for 5/6 weeks from December to the end of January.

It has multiple seating areas, 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 is enormous.

Seating for 150, with additional function room available for up to 300 patrons.

Due to its unique lease and location

Only Experienced Operators 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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