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Icon Cafe and Restaurant for Sale in Sydney's Best Eat Street with 50 years of solid Trading and appox 2.9 Mil T/O Per Year

SELLING PRICE

$1,080,000.00

LISTING AGENT

Chris Minas

OVERVIEW

  • Listing ID 863
  • Price $1,080,000.00
  • Categories Cafes and take away food shops
    Premium listings
    Restaurant

Details

              First Time Ever offered in 50 Years !

                   Amazing Store , Amazing T/O

           Very Rare Offering

                50 years of Strong Trading in the Heart of Sydney - Yes 50 Years !

                     Sydney's Most Popular and Loved Cafe Restaurant.

           Over $ 500,000.00 Net Per Year

           This Store Has been in the Same Family for Over 50 Years.


If you are after a High Performing Cafe Restaurant in a Highly Sought After Position in Sydney, this is the ONE for you !

With an Absolute proven turnover of 2.9 Million Per Year , Loved by Locals Year after Year .

Fully Licensed and Holding a hard to beat position in one of Sydney's Best Eat Streets , it will be Hard to gain to say the Least.

Full Commercial Kitchen to cater for the high T/O demands, with plenty of room for storage and parking for the New Owners.

Good reviews on social media with impressive branding with Strong trading history with growth potential to tap into other aspects of the business.

Currently Serves Cafe and Light Italian Meals and Selling 90kgs of Coffee per Week , it has Always been a Destination for Locals and Celebrities....

It has an Area of 200sqm , and seats 180 Indoor and out , and is Fully Licensed ,

With very impressive rent being 7% of its annual turnover , with a Great Strong lease in place till the Year 2026

 Including CPI Increases , It Also has its own Dedicated Owners Parking for 2.

This store is Continuously Busy from the Time it Opens till Close , Currently under full Management.

To a Serious Operator their is so much potential to gain by taking over , and to Expand and Add to the Already Impressive Profit.

There is so much Potential to Add to its Already Impressive Bottom Line.


                          Current owner happy to assist with handover and Remain to provide full training.

                            Your Bank Manager and your Accountant will not be Disappointed

                Excellent Business Offered Here ! And Very Attractively Priced to Sell

                   Owner is Motivated to sell Due to being highly Committed Elsewhere


                                                                   Now is the time to make an offer.                               

   This is a Very Strictly Confidential sale

FOR FURTHER INFORMATION OR HELP REGISTERING ON OUR SITE, AND ALL INQUIRIES.

PLEASE CONTACT

CHRIS MINAS

0414 241 332



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