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Cafe - Espresso - Takeaway - Delivery - Cafe - Espresso - Takeaway - Delivery - Inner West - $623 P.W. Ex Gst Rent For Sale

Petersham, New South Wales, Australia
Asking Price:
$298,000 (AUD)
Sales Revenue:
$629,200 (AUD)
Cash Flow:
$264,004 (AUD)

Cafe - All day breakfast including bacon egg roll, smashed avocado, big breakfast, also great lunch options with burgers and gozlemes and variety of wraps, salads, hot chips, pastries, muffins and cold drinks - 20 kgs. coffee p.w. - Full kitchen - 12 seats inside and 20 seats outside

Potential
Open Sunday and expand trading hours - Do some marketing and advertising - Increase social media presence - Focus on local group bookings and delivery - Lots of apartment construction nearby due to open in 2022 plus new constructions will also commence in 2022 - Close to train station

Features
High foot traffic - No fees for outdoor seating to council - Very low rent - 10 year lease - Very easy to run - Strong and loyal customer base - Close to schools - Good online presence - Well known cafe around the local area

Premises
This is a modern fully equipped cafe with glass frontage and a cosy atmosphere. Good outdoor seating area and has a toilet and an area of 70m2 also 20m2 storage

Location
High profile near corner location surrounded by high density residential, offices and commercial in a busy Inner West shopping village

Trading Hours
6 days - Mon. - Fri.-6 a.m. - 3 p.m,- Sat.- 7.30 a.m. - 2.30 p.m. - closed Sunday

Lease
Current lease expires May, 2025 + 5 year option - No yearly increases - Currently 2 month bond

Employees
2 owners work five days per week (shown in profit) - 2 Part Time - 1 Casual

Comments

Property Information

Location:

High profile near corner location surrounded by high density residential, offices and commercial in a busy Inner West shopping village

Business Operation

Expansion Potential:

Open Sunday and expand trading hours - Do some marketing and advertising - Increase social media presence - Focus on local group bookings and delivery - Lots of apartment construction nearby due to open in 2022 plus new constructions will also commence in 2022 - Close to train station

Trading hours:

6 days - Mon. - Fri.-6 a.m. - 3 p.m,- Sat.- 7.30 a.m. - 2.30 p.m. - closed Sunday

Employees:
2 owners work five days per week (shown in profit) - 2 Part Time - 1 Casual
Years established:
2015

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