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Fully Licenced High Tea Cafe And Function Venue – Balmain, Nsw For Sale

Balmain, New South Wales, Australia
Asking Price:
$95,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

One of the Top 3 High Tea Venues in Sydney

Located in the heart of Balmain, Binky & Co is a well-known Cafe that specialises in High Tea and Functions - and hosts some of Sydney’s most influential events.

Fully Licenced with a Private Function Space and 3000 followers on social media, this iconic business is an excellent investment with real potential to further grow revenue.

Business Highlights:
- Established by the owner in 2019
-$95K Profit in 2021 with plenty of room to grow revenue
-Regular local and loyal clientele for breakfast and lunch menu
-Premises seats 90 with a fully licenced bar, function room plus alfresco dining
-Popular venue for baby showers, bridal showers, birthdays, business events
-Currently opens Thursday to Sunday – Demand/Potential to trade 7 days a week
-Huge Social Media presence + Google business, flyers etc
-Attracts locals, Inner West Council and groups, high profile social media influencers
-Website with online reservation booking
-Regretful sale however the current owner is moving overseas
-Owner will consider vendor finance as an option for the right buyer

The owner of this very successful business is seeking a passionate person to take over the legacy she has created.

Currently only trading 4 days a week, there is definitely potential to open every day - and extend the hours to include a dinner menu. A motivated buyer might also take this winning concept and expand into more areas and venues.

Price: $95,000 - $150,000

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