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Cafe-Takeaway- Under Management - Waterfront Cafe- Low Rent - High Takings -Nets $13,105 P.W.- Under Management For Sale

Sydney, New South Wales, Australia
Asking Price:
$900,000 (AUD)
Sales Revenue:
$1,872,000 (AUD)
Cash Flow:
$681,460 (AUD)

Cafe on the waterfront serving exceptional food and great specialty coffee brews for breakfast, brunch and lunch. All dishes made from the best ingredients and locally soured fresh produce . Coffee sales around 40 kgs p.w.. Hampton style interior designed cafe with 26 glass-fronted seats and 22 outside seats. The weekly takings based on current 6 months sales report.

Potential
Increase social media presence. A motivated full time owner working in the business could reduce wages and increase sales and profit.

Features
Top water front location with harbour view. No competition. Long established for many years . Loyal customer base . Very low rent with a new 5 years lease. High takings and profit. Fully under management. Great growth potential for motivated owner operator.

Premises
Well presented cafe with an area of approx. 65 m2 including outside seating area.

Location
Situated on ferry wharf in Lower North Shore suburb.

Trading Hours
7 days - Monday to Friday 730 am to 230 pm. Saturday & Sunday 8 am to 3 pm.

Lease
New 5 years lease commences 1st July 2024. Fixed 3% increase on each anniversary. 6 months bank guarantee $37400 including GST.

Employees
Fully under management- 3 full-timers + 9 casuals

Comments

Property Information

Location:

Situated on ferry wharf in Lower North Shore suburb.

Business Operation

Expansion Potential:

Increase social media presence. A motivated full time owner working in the business could reduce wages and increase sales and profit.

Trading hours:

7 days - Monday to Friday 730 am to 230 pm. Saturday & Sunday 8 am to 3 pm.

Employees:
Fully under management- 3 full-timers + 9 casuals
Years established:
Many years