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Café For Sale High Turnover Lower North Shore

Crows Nest, New South Wales
Asking Price:
$695,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

2 businesses in 1 - don't miss out!

This quality cafe is a well established food and beverage staple of the Crows Nest Area. The business trades only 6 days per week and is closed on Sunday. Saturday is the cafe's busiest day with a turnover of $10k on Saturday's alone.

Open Sunday, to make even more profit!

There is an off site kitchen that handles all the catering for the business. Catering orders range from $2,000 - $8,000 per week, and this is an arm of the business that can be marketed and grown substantially.

This business is for the astute operator/investor looking to purchase a business that has both strong revenue and bottom line performance, along with excellent growth possibilities requiring little to no investment.

Key Features:
1. High turnover of $40kper week approximately
2. Excellent management structure in place
3. Huge room for growth and value
4. Strong catering revenue stream is a second business
5. Owner works just 3 days per week

The owner works in the business just 3 days per week, and there is a full management team in place consisting of a head chef, floor manager, and various key staff members who are loyal to the business.

The cafe is also licensed, and can serve liquor until 10pm. A prudent purchaser can also capitalise on this, as the cafe trades just 7am -4pm Monday - Friday and then 7 30 - 4 30pm on Saturday.

The lease is until September 2027 which includes an option to renew of 5 years in 2022. The base rent is approx. 7% of revenue and there is a car park for the owner included in the lease.

If interested please contact the seller through the form on this page.

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