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Cafe - Takeaway - Well Established Cafe - Eastern Suburbs - Sales $15k Pw. For Sale

Sydney, New South Wales, Australia
Asking Price:
$200,000 (AUD)
Sales Revenue:
$780,000 (AUD)
Cash Flow:
$155,740 (AUD)

Cafe that has been a local institution for more than 15 years. The business is an award winning cafe offering quality coffee and spectacular seasonal food. Organic and health-conscious all-day dining in a polished venue with murals and street-side tables. Seating for 40 inside & 20 outside.

Potential
Huge potential for an experienced owner operator to increase sales back to Pre Covid figures (over $30K PW). - A motivated full time owner could reduce wages and increase profits

Features
Well established business. - Well located on busy main road. - Outdoor seating is free of charge since they are under building complex. - Experienced chef has been with cafe for 15 years. - Long lease.

Premises
The premises includes 2 shops in a complex building (approx 150 sq mts) plus 2 storage areas, 2 toilets & 2 car parks.

Location
Prime location on a main road in the Eastern Suburbs close to schools and local court.

Trading Hours
7 days - Monday to Friday 7 am to 3.00 pm. Saturday and Sunday 7 am to 2.30 pm.

Lease
5 + 5 year lease commenced 2021 - 3 months bond & 3% annual increases.

Employees
1 part time owner (2 days pw) + 4 full timers + 2 casuals

Comments

Property Information

Location:

Prime location on a main road in the Eastern Suburbs close to schools and local court.

Business Operation

Expansion Potential:

Huge potential for an experienced owner operator to increase sales back to Pre Covid figures (over $30K PW). - A motivated full time owner could reduce wages and increase profits

Trading hours:

7 days - Monday to Friday 7 am to 3.00 pm. Saturday and Sunday 7 am to 2.30 pm.

Employees:
1 part time owner (2 days pw) + 4 full timers + 2 casuals
Years established:
16 years