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Parramatta Area Cafe - Licensed─6 Days─renovated─no Competition─fantastic Location For Sale

North Parramatta, New South Wales, Australia
Asking Price:
$149,000 (AUD)
Sales Revenue:
$591,240 (AUD)
Cash Flow:
$1,315 (AUD)

For Sale

Ever wanted to own an established café in the North Parramatta suburbs that has no competition, low rent and is fully licensed? Here is your opportunity!

This is a well-positioned business with no competition in this neighbourhood area has a large street frontage with parking at the doorstep and with parks nearby. Not many opportunities like these come to market regularly.

The café serves a cafe offering of breakfast and lunch – mostly in the form of breakfast items, burgers, pasta and pizza plus the regular coffee, tea, juices and shakes..

It has a turnover of $11.3k per week with 12kg of coffee served. Open 6 days a week and closed on Monday.

The lease has 8 years remaining including the option and the rent is $1,332 plus GST per week.

Perfect for a husband-and-wife team.

The opportunity here is to capitalise on the location and the existing customer base. Open 7 days a week. Revitalise the signage and branding to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings and utilise the liquor license further. Apply for footpath seating. Opportunity for further night operation or even establish a ghost kitchen at night. Alternatively, change the operation into a restaurant of any cuisine, including pizza. Training is available!

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

Lease Details
The 5 x 5 year lease commenced August 1, 2022.
With the Option, the lease expires on July 31, 2032
A three month bank guarantee is required
Guarantors are required for the lease

Premises Details
Approximately 191m2 of internal space – Car Space, Toilet, full commercial kitchen, coolroom and large storage room. Indoor seating for 50. Outdoor/Footpath seating area application required. Well equipped and presented with renovations completed 12 months ago. Full on-premise license. Customer car parking at doorstep.

Staff Details
The business is run by the following:

1 x Full Time Owner/Barista
1 x Casual Head Chef
1 x Casual Chef
2 x Casual FOH

Opening Hours
6 days (Closed Monday)
Mon – Fri 7:00 am to 3 pm
Sat – Sun 8:00 am – 3 pm
Total of 46 operational hours per week

Opportunity
The opportunity here is to capitalise on the location and the existing customer base. Open 7 days a week. Revitalise the signage and branding to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings and utilise the liquor license further. Apply for footpath seating. Opportunity for further night operation or even establish a ghost kitchen at night. Alternatively, change the operation into a restaurant of any cuisine, including pizza. Training is available!

** Weekly**
Coffee Sales 12kg
Sales $11,370
Rent $1,332
Wages $3,080
Net Profit $1,315

Property Information

Real Estate:

Lease