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Cafe Good Rent In Terrigal For Sale

Terrigal, New South Wales, Australia
Asking Price:
$150,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

Just Reduced!

Located at the famous seaside suburb of Terrigal on the Central Coast of NSW approx. an hour north of Sydney being an extremely popular location and destination for holiday makers and day trippers and large local population and recurring customer base.

The vendors are selling after 6 years.

This cafe would suit an energetic operator to create a speciality boutique style cafe/restaurant having busy main frontage and prime position for busy pass by foot traffic located with a sunny eastern aspect enjoying the cool sea breezes and catches the morning winter sun.

Very reasonable rent for Terrigal approx. $60k per annum. Includes private car space for business owners in rent.

Current coffee trade approx. 30kg per week.

Opportunity knocks for growth with the right operator to capitalise on the premium location.
Seating approx. 45 in & out alfresco.

New 3yr plus 3yr lease in place.

Street parking or council carpark nearby.

Price: $150,000 Plus SAV SAV: Approx. $5k

Turnover: Approx. $500k
Adjusted Net: TBA
Plant Value: Approx. $80k
Years Established: 20 years current owner 5 years
Permanent Staff: Owners plus Chef Casual Staff: Casuals as required
Hours Weekday: 6am to 3.30pm Hours Weekend: 6.30am to 3pm
Lettable Area: 80m2 plus Storage
Lease Terms: New 3yr plus 3yr option
Rent per Calendar Month: $4,513.67 plus GST plus Outgoings
Outgoings: $250 p.c.m.
Parking Comments: Street Parking or council carpark nearby

Property Information

Real Estate:

Lease

Lease Terms:

New 3yr plus 3 yr option

Leasehold Rent:

$54,164 (AUD) per annum

Location:

Terrigal Beachside Suburb

Premises Details:

80m2 plus suburb plus private carpark for business owner

Business Operation

Expansion Potential:

Opportunity knocks for growth with the right operator to capitalise on the premium location.

Trading hours:

7 days Monday to Friday 6am to 3.30pm Sunday 6.30am to 3pm

Employees:
owners 1 chef & casuals as required
Years established:
20 years plus current owner 6 years

Other Information

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD)
Relocatable:
This business can be relocated.