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Large Cafe-high Foot Traffic-asset Sale-motivated Vendor! For Sale

Eastwood, New South Wales, Australia
Asking Price:
$185,000 (AUD)
Sales Revenue:
$16,500 (AUD)
Cash Flow:
$1,400 (AUD)

This is your chance to own a beloved café located in the heart of Eastwood, where each cup is made with passion, and every meal is designed to leave a lasting impression. Operating seven days a week, serving both breakfast and lunch, the café currently boasts a weekly turnover of approx. $16,000 with significant untapped potential. This presents an ideal opportunity for an ambitious owner-operator.

-Asset Sale
-36 kg of Coffee per week
-On-premises Liquor license
-50 seats inside / 20 outside
-Lease until 2032
-Large commercial kitchen
-5 car spots on premises
-No outgoings
-No council fee for outdoor seating
-2.5% rent increase only

Lease Details
3 + 3+ 3 year lease commenced June 2023

Premises Details
Approx. 250 square meters. Seating 50 inside and 20 outside

Staff Details
3 Full-time Kitchen staff, 2 Full-time front-of-house staff, plus multiple casuals to help out.

Opening Hours
Mon-Fri 7:00am-4:30pm. Sat-Sun 8:00am-4:30pm.

Opportunity
An opportunity for an owner-operator to leverage the liquor license, take advantage of the approved opening hours until midnight, and start introducing delivery services in a high-traffic area with no Western food competition.

**Weekly**
Coffee Sales 36kg
Sales $16,500
Rent $3,273 (plus GST)
Wages $5,280
Net Profit 1,400

Property Information

Real Estate:

Lease