Cafe serving freshly roasted blended coffee, mocha, smoothies, milkshakes, all-day breakfast and lunch including assorted toasts, sandwiches, wraps/rolls and burgers etc. Average sale of 25 kgs of premium coffee p.w. Light cooking only. Open 5 days. Seats 56. Under full management. The figures shown are ex-GST. The shop manager's wage of $1,106 p.w. has been removed and added to one owner-operator's profit.
- Important Benefit: - The asking price of $85k includes a nearly 10-month remaining rent-free benefit to the purchaser; the vendor has prepaid 12 months' rent from 1st Sept. 2026 until 31st Aug. 2027, which saves the purchaser around $134,000 in rent that is extra to annual profit. Also, the business can be sold with the franchise name without a franchise royalty fee, or the purchaser is free to convert it to any other business such as sushi, Chinese or Thai food etc. if desired.
Potential
Could open 7 days to boost sales. - Ideal for a family business. - A motivated owner-operator could easily grow the business.
Features
Good location with a spacious layout. - Well established. - Long lease. - Under management. - Franchise training and ongoing support. - Only trading 5 days with short hours. - Great benefit for 10 months rent-free. - Opportunity to change to a different food business.
Premises
Well-presented shop with an area of 119 sqm plus four basement lots totalling 50 sqm (currently uses one car space and three storage spaces).
Location
Prime shopping street location in the Inner City close to UTS and TAFE.
Trading Hours
5 days - Mon. - Fri. - 7 a.m. - 3 p.m.
Lease
A 10-year lease commenced 1 March 2023 + two 5-year options. Rent reviews 3% annually on 1 March. - 6 months' bank guarantee without personal guarantee obligation.
Employees
Fully under Management - 3 staff - Total wages $2,171.56 p.w.
Comments
A full-time working owner-operator within the first year could generate over $200k profit including the rent-free benefit. Alternatively, if a purchaser started their own brand business, they could enjoy a nearly 10-month rent-free period, reducing considerable financial stress for the new business. The rent resumes from 1 Sep 2027 under a lease. A rare buying opportunity - a must to inspect. Any reasonable offer will be considered.
