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Totally Refurbished Cafe With Main Road Exposure For Sale

Central Coast, New South Wales, Australia
Asking Price:
$120,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

For Sale

Surrounded by retail shops, homes, units & retirement villages with easy access & ample off-street parking.

Totally refurbished Cafe located in busy prime Commercial area with Main Road exposure.

Turnover in the region of $14k per week approx. 30kg coffee PW & growing with huge opportunity to increase trading hours to evenings on prime trading nights.

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

Possibility to add liquor licence for evening bar trade and functions if required has Disabled, M&F facilities in place.

Seats approx. 80 plus 15 alfresco.

Huge regular following and repeat customers and clients including business groups, medical catering etc. Established approx. 30 years.

Total refurbished in Nov 2023, New equipment includes Pizza oven (2 deck), Stand Up fridge, Undercounter fridge, Toaster, Countertop griddle, Countertop sandwich bar fridge, Pots, Pans.

High Speed Blenders for smoothies x 2, Plates, Cutlery, Crockery, Chairs, Table bases, New POS system (3 tablets), Ice Machine, Dishwasher, etc.

Other works - Retiled whole floor including kitchen and washup, new paint, new ceiling, new basins x 3, new work bench, shelving, countertops etc.

New lease in place with reasonable rent $5,500 p.c.m. includes outgoings + GST.

Website and Social Media in place with great reviews.

Just listed by Exclusive Agent as an Urgent Express Sale $120,000 + SAV (approx. $5k)

Property Information

Real Estate:

Lease

Lease Terms:

3 year plus 3 year option

Leasehold Rent:

$66,000 (AUD) per annum

Location:

Totally refurbished Cafe located in busy prime Commercial area with Main Road exposure

Premises Details:

108m2

Business Operation

Expansion Potential:

Turnover in the region of $14k per week approx. 30kg coffee PW & growing with huge opportunity to increase trading hours to evenings on prime trading nights.

Trading hours:

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

Employees:
1 F/T Chef, 1 F/T Barista plus casuals as required
Years established:
30 years

Other Information

Furniture / Fixtures value:
$120,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD)