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This beautiful cafe & bar holds a unique destination location, Macquarie Park. The business benefits from the dynamic of its surroundings, and regulars from the hospital across.
What the business has demonstrated so far is considerable, with plenty of unrealised potentials for a savvy operator to capitalise on in the near future.
Premium fit-out.Close vicinity to corporate offices, hospital, events facilities, public transport and parklands.Liquor licence.Beautifully furnished with a full commercial kitchen, bar, and outdoor.Lease expires 2029 with a 5-year option to renew.Huge local infrastructure & developments in the works. Only open 5 days a week. Closed on public holidays.Indoor and outdoor - wide open space of 176 sqm.Long secure lease of 15 years in total. Coporate customer - no immediate competition.
In previous years, this cafe held Christmas functions for corporate customers in the same building that was in excess of $30,000 revenue in one function by itself. Could promote for more corporate functions and catering.
Currently, run under full-management. An owner-operator could increase the revenue by saving wages and providing personal services.
Be first to inspect! There is lots of room to improve and save to increase net-profit.
This incredible opportunity would suit an owner-operator looking to capitalise on the unique location and enviable features of the business.
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Whilst every care has been exercised in the preparation of the business profile, the information is intended as a guide only and is based on information supplied to ABBA Group from the seller. ABBA Group give no assurances as to the accuracy of any information or advice contained. That information has not been endorsed or approved by ABBA Group. Prospective purchasers are responsible for accessing the relevance and accuracy of the business profile and urged to seek independent legal, financial and taxation advice.
Property Code: 851
Agent: Jun Chung
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