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Cafe - Restaurant - Gifts - Cafe - Restaurant - Takings $25,000 P.W. - Netting $7,500 Pw- Urgent Sale For Sale

Concord, New South Wales, Australia
Asking Price:
$559,000 (AUD)
Sales Revenue:
$1,248,000 (AUD)
Cash Flow:
$390,000 (AUD)

Cafe - Restaurant and gift shop in separate room. - Modern Australian cuisine consisting of an all day breakfast, salads, steak sandwiches, pasta, burgers, sandwiches - Lunch daily specials such as spaghetti, Blue Fin tuna tartare, grilled Fremantle octopus, confit duck legs, Berkshire pork cutlet etc. - Currently 26-28 kgs. of coffee p.w. - Busy on weekends. - Full kitchen with cool room, combi oven - Fully licensed - Liquor License until 1100 p.m. - Currently 16 seats outside - 58 seats inside - Gift shop includes home decoration items, picture frames, porcelain dolls, leather wallets etc.

Potential
Ideal position to continue to grow the coffee side of the business - Could add delivery and Uber - Expand catering - Promote the online store more - Do some marketing and advertising - Improve social media presence- Great potential for a motivated new owner or couple - Open 7 days.

Features
Exceptional location. - Rare opportunity to purchase such a cafe restaurant business. - Well established - First class fit out. - Outstanding indoor and outdoor presentation - Long lease - Award winning for many years. - Well established and known in the area.

Premises
This business has an area of 180 sq. mt. on ground floor and 60 sq. mt. upstairs with large windows.

Location
Brilliant corner location on main road in a residential area of Inner West surrounded by over 5000 units / apartments.

Trading Hours
6 days - Tues. - Sun. - 630 a.m.- 400 p.m.- Dinner - Fri. & Sat. - 6.00 p.m. - 10.00 p.m.

Lease
New 5 + 5 yrs. lease available. - Bond 3 months - rent increases 4% per year.

Employees
1 owner + 4 full timers including 2 baristas.

Comments

Property Information

Location:

Brilliant corner location on main road in a residential area of Inner West surrounded by over 5000 units / apartments.

Business Operation

Expansion Potential:

Ideal position to continue to grow the coffee side of the business - Could add delivery and Uber - Expand catering - Promote the online store more - Do some marketing and advertising - Improve social media presence- Great potential for a motivated new owner or couple - Open 7 days.

Trading hours:

6 days - Tues. - Sun. - 630 a.m.- 400 p.m.- Dinner - Fri. & Sat. - 6.00 p.m. - 10.00 p.m.

Employees:
1 owner + 4 full timers including 2 baristas.
Years established:
5.5 yrs

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