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Huge Opportunity With Long Established Cafe Central Coast In New South Wales For Sale

New South Wales, Australia
Asking Price:
$150,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

Long established Cafe in prime commercial/residential location with ample parking.

Turnover in the region of $18k per week with huge opportunity to increase trading hours to evening on prime nights.

Current hours 7am to 3pm, weekends 8am to 3pm.

Possibility to add liquor licence for evening trade and small functions if required
Seats 45 inside and 20 plus outside alfresco.

Huge regular following and repeat customers and clients including business groups, medical, catering seeking unique menu items plus the old favourites, coffee, tea, smoothies, shakes, home made scones, slices and desserts. Gluten free options available.

Current owner 8 years. Reasonable rent.

Equipment upgrade over the last couple of years. Male, female & disabled amenities.

Website and Social Media in place with great reviews.

Price: $150,000 plus SAV Approx. $5,000

Region: prime commercial/residential area

Turnover: Currently $18k per week and growing

Plant Value: Approx. $60,000

Years Established: 30 + yrs, current owner 8 years

Permanent Staff: Vendor (Chef) plus cook Casual Staff: Casuals as required

Hours Weekday: 7am to 3pm Hours Weekend: 8am to 3pm

Lettable Area: 110m2 plus alfresco

Lease Terms: 2 yrs then New lease available

Rent per Calendar Month: $5,000 + GST Outgoings included in rent

Parking Comments: Plenty Of Parking

Property Information

Real Estate:

Lease

Lease Terms:

2 years plus new lease available

Leasehold Rent:

$60,000 (AUD) per annum

Location:

Prime commercial/residential area on central coast

Premises Details:

110m2 plus Alfresco

Business Operation

Trading hours:

Monday to Friday 7am to 3pm Saturday & Sunday 8am to 3pm

Employees:
Owner, Cook plus casuals as required
Years established:
30 + yrs, current owner 8 years

Other Information

Furniture / Fixtures value:
$60,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD)