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Hidden Gem Licensed Cafe Established Since 2006 Surry Hills Sydney For Sale

Surry Hills, New South Wales, Australia
Asking Price:
$450,000 (AUD)
Turnover:
Undisclosed
Net Profit:
Undisclosed

Hidden Gem | Established Since 2006 | Approx. 60 Seats | Outstanding Fit-Out | New Lease Available

A rare opportunity to acquire a long-established and highly regarded cafe positioned in one of Sydney's most tightly held inner-city locations, on the outskirts of the Sydney CBD.

Established since 2006, this business has built a strong reputation and loyal following over many years and is now being offered for sale as the owner looks towards retirement.

Tucked away in a quiet and unique pocket of the inner city, the cafe provides an ideal meeting place and escape from the surrounding hustle and bustle. It attracts a broad mix of local residents, professionals, white-collar and blue-collar workers, together with customers meeting for breakfast, brunch, lunch and quality coffee.

The location is surrounded by a substantial mixture of residential apartments, commercial activity and established inner-city neighbourhoods, while also being moments from open parkland and major transport connections.

The premises offer approximately 97 sqm with an impressive, spacious open-plan layout and seating for approximately 60 customers.

The fit-out is a major feature of the business. The premises are beautifully presented with high ceilings, an open and inviting dining area and a quality commercial kitchen designed to accommodate a substantial cafe operation.

The kitchen and infrastructure include a walk-in cool room, grease trap, commercial ventilation and extraction, together with the equipment and facilities expected of an established high-volume cafe.

The premises are also licensed, providing a purchaser with the opportunity to continue the existing cafe operation while potentially further developing the beverage and food offering, subject to the relevant approvals and licence conditions.

The cafe has developed a reputation for quality cafe meals, breakfasts, lunches and coffee and enjoys a significant online presence with a large number of positive customer reviews.

After approximately two decades of operation, the business benefits from an established customer base and repeat trade rather than relying solely on passing pedestrian traffic. This is a genuine neighbourhood destination where customers know the business and return regularly.

The surrounding area provides an excellent demographic for an established cafe, with a combination of local residents, apartment dwellers, office workers, tradespeople and professionals providing multiple customer markets throughout the day.

The premises also benefit from rear lane access and one car space, an important practical advantage for deliveries, loading and the day-to-day operation of an inner-city hospitality business.

Key Features:
Long-established cafe operating since 2006

Highly sought-after Surry Hills / Sydney CBD fringe location

Quiet, tucked-away position creating a genuine "hidden gem" atmosphere

Strong and loyal established customer base

Excellent reputation with substantial positive online reviews

Approximately 97 sqm premises

Spacious open-plan dining area

Impressive and well-presented commercial fit-out

Fully equipped commercial kitchen

Walk-in cool room

Grease trap

Commercial ventilation and extraction

Licensed premises

Rear lane access

One car space

Established breakfast, brunch, lunch and coffee trade

Surrounded by residential apartments, businesses and local workers

Moments from open parkland and major inner-city amenities

Established trading history and reputed ongoing turnover

Approved daytime trading hours

Opportunity for an experienced operator to continue and further develop the business

New lease available to an incoming purchaser

Genuine retirement sale after approximately 20 years of ownership/operation

This is not a newly established cafe trying to build a customer base from scratch. It represents an opportunity to step into a proven inner-city hospitality business with history, reputation, infrastructure and an established clientele already in place.

The combination of its discreet location, quality fit-out, commercial kitchen, licensing, approximately 60-seat capacity and long trading history makes this an opportunity that would be difficult and costly to recreate from a vacant premises.

After operating from this location since 2006, the owner is now looking towards retirement and is offering the business to the market for the next operator to continue its established reputation.

Inspection is highly recommended to appreciate the location, presentation, fit-out and scale of the premises.

Further information, financial details and inspections are available to genuine purchasers upon completion of confidentiality requirements.

Current Trading Snapshot

Serving approx 20 kilos coffee per week

liquor sales per week $1000

Trading 7 days, from 7am to 4pm

Weekly Summary (approx., incl. GST unless stated otherwise)

Takings: $19,000

Cost of Goods: $5,700

Rent: $3,300

Staff wages: $4,500

Insurance: $207

Electricity: $307

Gas: $300

Marketing: $60

Rubbish removal: $15

Net Profit (approx.)

Owner operated: $3,461