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Cafe -takeaway - Freehold Available - Cafe - Takeaway - Nets Over $5,000 P.W. - Upper North Shore For Sale

Sydney, New South Wales, Australia
Asking Price:
$300,000 (AUD)
Sales Revenue:
$884,000 (AUD)
Cash Flow:
$291,200 (AUD)

Well-known local cafe operating as a breakfast, brunch and takeaway venue serving a modern cafe menu including eggs on toast and classic breakfast plates, bacon, egg and hash rolls and breakfast wraps, burgers including cheeseburger and Korean fried chicken burger, fish & chips and wedges, Philly cheesesteak sandwiches, chicken and roast pumpkin salad.

The cafe also sells specialty coffee with approx. 40 kg of coffee beans per week, attracting regular commuters and local residents. 22 seats inside - rear undercover outdoor seating area 18 seats.

Potential
Increase social media marketing - Target nearby schools and local residents - Extend trading hours to increase sales - Potential to introduce dinner service - Suitable for chef / barista couple or hospitality investor.

Features
Strong local following - High Google rating - Easy customer access and excellent visibility - Freehold purchase option available.

Premises
Total property area of approx. 196 sq. m. with the cafe occupying approx. 77 sq. m. including a fully equipped commercial kitchen, exhaust & grease trap, cool room, and storage room.

Location
Prime street front location directly opposite railway station situated in a high growth Upper North Shore residential area.

Trading Hours
6 days - Mon. - Sat. - 6 a.m. to 3 p.m.

Lease
5 + 5 new lease available - 3 months bond - CPI increases.

Employees
1 owner + 2 full-timers + 2 casuals

Comments
Rare opportunity to secure a well-established cafe business in a tightly held Upper North Shore location. The cafe business is available for sale separately at $300,000, while purchasers also have the option to acquire the freehold property together with the business for $2,800,000.

Property Information

Location:

Prime street front location directly opposite railway station situated in a high growth Upper North Shore residential area.

Business Operation

Expansion Potential:

Increase social media marketing - Target nearby schools and local residents - Extend trading hours to increase sales - Potential to introduce dinner service- Suitable for chef / barista couple or hospitality investor.

Trading hours:

6 days - Mon. -Sat. - 6 a.m. to 3 p.m.

Employees:
1 owner + 2 fulltimers + 2 casuals
Years established:
2021