Established Cafe in Sydneys Known for its premium quality pies, sausage rolls and cakes.
-Closed 5 weeks a year
-Open 6 days a week
-Closes daily at 13:30
-Low rental %
-Consistent and stable revenue
-Tried-and-tested quality recipes
-Exceptional service reputation
-Indoor and outdoor seating
-Covered and secure parking space
-Pristine, well-equipped production kitchen
-Well-trained kitchen team for smooth handover
-Owner happy to do a long handover and full training as needed
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
The 3 x 3 x 3-year lease commenced in July 2021 and 2nd term will started July 2024
Yearly 3 % increase rent review
A Three-month bond is required.
Premises Details
Approx. 85 square metres. - Toilet, Full commercial kitchen, indoor and covered outdoor seating. 1 parking space.
Staff Details
The business is currently run by owner , 2 full timers and 4 casuals.
Opening Hours
6 days 7:30 - 13:30, closed 5 weeks a year!!
Opportunity
The quality recipes and production team would be ideal for an operator with 1 or more sites already. Improving COGS and quality across the portfolio by using this site as a production kitchen and retail space.
Implement online ordering and delivery platforms to reach a broader audience. Costs are already well controlled but with labour adjustments to industry standards an impressive 18% net profit could be improved.
**Weekly**
Sales $18,678 (inc GST)
Rent $1,049
Wages $6,193
Net Profit $2,694
