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Buy 1, 2 Or 3 Well Established Cafes In High Pedestrian Traffic Locations – Central Coast Nsw For Sale

Erina, New South Wales, Australia
Asking Price:
$530,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS------

Buy now before peak trading season, new lease(s) in place at reduced rents post-Covid

These are very established businesses that have survived the ‘financial stress’ of Covid and are well positioned to bounce back to pre-Covid trade levels. Each store is located in a good position in a major shopping location with year round foot traffic which peaks pre-Xmas and during summer school holidays.

Two cafes and one takeaway all serve excellent coffee and each has a slightly different food offering to ensure that the 'group' appeals to as wide a range of clientele as possible.

-Locations established 25, 13 and 8 years ago
-Located in strong foot traffic areas
-Experienced staff in place
-Leases renewed at lower rates than previous
-Years remaining plus an option for 3 more

-Group annual turnover exceeds $2.5m
-
Excellent management system and stock ordering/replenishment system in place

-Electronic roster system

The owner will provide a 2 week handover and is prepared to continue to work on a part-time basis if required.

This business is a reluctant sale due to family circumstances. Each business location is well fitted out with well-maintained equipment in good working order. Some equipment has recently been renewed. No further expense is required.

Take advantage of the time of year and the relaxing of Covid rules. We anticipate that people will look to get out and about, meet friends and do that very important Christmas shopping in large numbers.

Businesses are selling quickly now, get in early and take advantage of the peak trading season ahead.

Asking Price:
The Assets and Goodwill of stores 1 and 2 can be purchased for $330,000.
The Assets and Goodwill of store 3 can be purchased for $200,000
Should a buyer wish to purchase all 3 stores, the combined Assets and Goodwill is negotiable within reason.
Stock will be charged separately and can be managed to a value to suit the purchaser.
A bond equal to 3 months rental is payable to the Landlord.

Contact Xcllusive Business Sales Pty Ltd

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