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Inner City 5 Day Cafe For Sale

Moore Park, New South Wales, Australia
Asking Price:
$169,000,000 (AUD)
Sales Revenue:
$828,620 (AUD)
Cash Flow:
$2,215 (AUD)

Rarely do cafes like this come on the market. Situated on the city fringe, this 5-day a week cafe serves a captive market with no competition around. It has been in operation for over 10 years.

Providing a mixture of take-away and dine-in, it also boasts a lucrative catering business. It is fully licenced and has a full operable kitchen. Currently using approximately 30kg of coffee per week.

The indoor area has approximately 30 seats, with a further 10 outdoor seats that are available for the exclusive use of the cafe plus an additional separate 65+ seats in a licenced-for-use outdoor area across from the cafe

The business is in a prime and easily accessible position and it currently trades only five days a week (closed on Public Holidays and during major holiday periods). It operates Monday to Friday from 6:30am – 3:30pm.

The lease has just over 4 years remaining. With a great current (for July20 -Jan21) turnover of around $15.9k per week (including catering), a fully licenced venue, a 5-day operation and the lack of competition makes this is a very attractive and profitable business for an owner operator. The business also has one allocated parking space and there are visitor spaces available. The business is keenly priced for a quick sale.

The business has been built up over the years to the current operational standard. It now requires an experienced owner/operator with high energy and passion to take it to the next level and introduce new ideas and concepts, expand the catering and even extend the trading hours on Friday to cater for after-work drinks.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

**Weekly**
Coffee Sales Per (Kg) 30
Turnover (inc GST) $15,935
Wages $4,514
Rent $1,515
Net Profit $2,215

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