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Cafe Business In Sydney Eastern Suburb For Sale

Matraville, New South Wales
Asking Price:
$180,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$416,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

General info:

Cafe - takeaway - fresh juice bar selling all day bacon & egg rolls, jaffles, acai bowl, sandwiches 20 kgs coffee per week, fresh juices, cold drinks, milkshakes and smoothies. - No deep frying. - 5 seats outside - 18 seats inside.

Features
Prime location - Fantastic rent - Easy to run turn key- Excellent social media presence - Locally roasted coffee.

Comments
- 50% of water usage shared with residence upstairs ~ $800 per year. With a rent/turnover of only 6% don't miss out on this opportunity - A must to inspect but please be discreet

More details available upon request, please contact seller below for more information.

Property information

Real Estate:

Lease

Lease Terms:

Current lease expires Sep 2020 - C.P.I. increases - 1 month bond. One of the cheapest rent in sydney $290/m2/year! Rent/turnover is only 6% (A profitable business)

Leasehold Rent:

$25,218 (AUD) per annum

Location:

Prime location on a busy main road in the fast growing Matraville shopping precinct (near Westfields Eastgardens). Bus stop within metres of shop. Shop with good land on higher side of street.

Premises Details:

Compact, warm and welcoming cafe with a leasable area of 85 sq. mts. plus both inside and outside seating, large cool room.

Size in square feet:
85 m2

Business Operation

Expansion Potential:

Optimise menu to focus on 20% best sellers and focus on speed, quality, and consistency of products. Then can introduce new items and monitor performance. Can easily let business self run as investment or expand to more coffee shop using same model.

Competition / Market:

2 espresso cafe, 1 bakery cafe nearby. The business is thriving at the moment with no fears of more cafes popping up as area is saturated already. True value of cafe for sale.

Reasons for selling:

Moving on to pharmacy industry and need the funds to invest further

Trading hours:

Mon - fri 6-3pm
Sat, sun 7-3pm

Employees:
2 full time + 4 Casuals
Years established:
4

Other Information

Support & training:

Training & support will be provided to operate the business system

Furniture / Fixtures value:
$10,000 (AUD) - included in the asking price
Inventory / Stock value:
$2,000 (AUD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

Contact Information

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