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Cafe - Espresso Bar - Takeaway - Low Rent - Cafe - Espresso - Coffee - Bondi Junction - 5 Days - Nets Almost $5000 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$470,000 (AUD)
Sales Revenue:
$676,000 (AUD)
Cash Flow:
$247,572 (AUD)

Espresso Cafe established 18 years ago and supported by a well-established strong local following. The business delivers consistent profits, driven by a fantastic low rent, with a long secure lease, making it an ideal opportunity for an owner-operator or experienced hospitality buyer.- The cafe offers a modern twist on classic cafe favourites, The comprehensive and simple breakfast menu offers all the popular egg dishes plus a variety of toasts, croissants, cereals and fruit bowls. All day menu also includes sweets and a large and excellent choice of sandwiches and wraps. Currently doing approximately 30 kgs of coffee per week - This cafe has 36 seat alfresco dining area.

Potential
Fantastic opportunities awaits - Could open on weekends - Extend existing hours - Obtain a Liquor Licence and commence evening trade - This cafe represents the ideal opportunity for energetic, experienced operators with new ideas that can bring this business to the next level.

Features
Fantastic lease term with extremely low rent - Established loyal clientele - Very profitable

Premises
Small efficient easy to operate kitchen with a lovely alfresco setting for the patrons. Sliding power operated louver roof.

Location
Established location at the bottom of an office building in bustling Bondi Junction. Surrounded by office and residential high-rises.

Trading Hours
5 days - Monday to Friday 6 a.m to 4 p.m

Lease
Current lease commenced 01/10/24 - Expires 30/09/29 + 5 yr option - CPI Increases - Bond $6600. - Extremely low rent.

Employees
2 owners - 1 full timer + 2 casuals

Property Information

Location:

Established location at the bottom of an office building in bustling Bondi Junction. Surrounded by office and residential high-rises.

Business Operation

Expansion Potential:

Fantastic opportunities awaits - Could open on weekends - Extend existing hours - Obtain a Liquor Licence and commence evening trade - This cafe represents the ideal opportunity for energetic, experienced operators with new ideas that can bring this business to the next level.

Trading hours:

5 days - Monday to Friday 6 a.m to 4 p.m

Employees:
2 owners - 1 full timer + 2 casuals
Years established:
2008