Well established cafe with strong local and online 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 business trades as a licensed cafe, 7 days a week, with a focus on seasonal, fresh and local produce. Dishes are crafted by experienced chefs, 30 kgs. coffee and drinks are made by some of Sydney's top baristas. 30 seats inside - 20 seats outside.
Potential
Licensed premises providing flexibility for daytime cafe and evening trade. Opportunity for a new operator to extend hours, expand evening trade, or further develop the brand. Catering capability for corporate and private functions.
Features
Competitive and secure lease. Very strong online reputation (4.6 stars o Google, 30K followers on Instagram). Established brand recognition. - Prime Inner City location with strong foot traffic. - Proven catering revenue stream.
Premises
This business has an area of 100 sq. mts. - Fully equipped commercial kitchen and cafe fit-out with stone and marble design, private corporate boardroom for meetings and events, bespoke furniture.
Location
One of Sydneys most vibrant Inner City precincts. The location benefits from strong residential density, nearby office workers, hospitality traffic and proximity to Oxford Street, Taylor Square and major transport links.
Trading Hours
7 days - Monday to Friday - 730 a.m to 300 p.m. - Weekends - 800 a.m to 300 p.m.
Lease
Current lease commenced Jan. 2024. - Expires Dec 2028. + 5 year option. - Bond $12,500. 5% annual increases from Jan. 2029.
Employees
6 casuals.
Comments
Approximately $100,000 of commercial kitchen equipment, furniture and fittings included.
Misc.-1- Operating expenses
