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SoldRustic 30kg $27k Cafe on Sydney's CBD Fringe for Sale

SELLING PRICE

$249,000.00

LISTING AGENT

John Mcnabb

OVERVIEW

  • Listing ID 511
  • Price $249,000.00
  • Categories Cafes and take away food shops
    Cafe/Coffee Shop
    Food/Beverage

Details

The cafe is situated on a busy road with lots of foot traffic. It is well established and has been operating as a cafe in some manner for at least 10 years. The current owner has run the cafe for 7 years. The cafe enjoys a good stable income of $30,000 per week and goes through 30kgs of coffee a week. The Cafe has a good food menu and is highly regarded in the surrounding area. It is located close to a school, shopping centre and a university. From the cafe it is a short walk to the CBD.

The cafe is spacious with a large second floor area and a balcony seating area above the footpath. The cafe is really a nice place to be with plenty of private areas to sit down and have a chat. There is a full commercial kitchen and a full liquor licence.

A buyer can be secure in the takings, the current owner has at least 2 years of takings in the POS system (the POS was replaced two years ago) and P&L for at least 5 years.

The cafe has a good online presence, social media, 1632 likes and with good reviews "Good food and coffee with a great outdoor area upstairs". The Cafe is using a well known coffee brand, just started with Ubereats and is doing quite well, with potential to grow.

I have been told the landlord will require someone with experience, but he is responsive and will look after the business owner.

Loyal staff which have been for a number of years, good manager.

The owner is keen to move on and is open to offers

This is a good investment for someone.

FOR FURTHER INFORMATION OR HELP REGISTERING ON OUR SITE, 

PLEASE CONTACT

John Mc Nabb 0499 550 577



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