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Cafe - Takeaway - Espresso Bar -Lobby - Lobby Cafe - 5 Days -Inner West -High Quality - Huge Potential - Syd For Sale

Sydney, New South Wales, Australia
Asking Price:
$250,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
$136,760 (AUD)

Lobby cafe serving coffee, assorted sandwiches, toasts, burgers and salad bowls etc. Attractive coffee bar and food bar. Full commercial kitchen with coolroom. 100 seats inside and 20 seats outside. The weekly figures are based on one full time owner plus two staff working in the business, currently the vendor is not working in the premises. -Current discounted rent is only $300 p.w.

Potential
Could increases catering business. Add home delivery. Target social media advertising. The expected takings will reach $20,000 a week when office building is fully occupied.

Features
Top location. Outstanding presentation. Upmarket cafe. Reasonable 15% turnover rent. Great growing potential. Plenty of rooms to increase the business value.

Premises
Unique designed and modern presented cafe under 7 levels office building with area of 180 sq. mts plus one large storeroom.

Location
Excellent business park location under large office building and around 100 meters walk to station in the Inner West.

Trading Hours
5 days, Monday to Friday 5 am to 5 pm.

Lease
Current lease expires December 2024. - 3 months bond. - Recently the landlord offered 6 months 15% of turnover rental and willing to negotiate a new lease in the future.

Employees
One owner plus 1 full time staff and 1 casual

Comments

Property Information

Location:

Excellent business park location under large office building and around 100 meters walk to station in the Inner West.

Business Operation

Expansion Potential:

Could increases catering business. Add home delivery. Target social media advertising. The expected takings will reach $20,000 a week when office building is fully occupied.

Trading hours:

5 days, Monday to Friday 5 am to 5 pm.

Employees:
One owner plus 1 full time staff and 1 casual