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Cafe - Restaurant - Top Location For Sale

Sydney, New South Wales, Australia
Asking Price:
$275,000 (AUD)
Sales Revenue:
$780,000 (AUD)
Cash Flow:
$280,800 (AUD)

Cafe - restaurant (dine in and takeaway) boasting a creative brunch menu inspired from European and Mediterranean cuisine. - Approx. 15 kgs coffee per week (mostly takeaway). - Specialising in breakfast and brunch inclusive of meat and seafood dishes & offering a number of fresh smoothies & juices. - $30 average spending per customer - 2 tables, 6 seats outside & 7 tables, 14 seats inside. - Very busy weekend trade with full restaurant & waitlist in operation from 9am till 3.30pm.

Potential
Could do more marketing to boost even higher sales in takeaway. - Could open longer hours and night trade. - Potential to franchise.

Features
Well established 5 years of operation, well set up and easy to operate. - Excellent food and reputation in the city fringe area. - Well known by overseas travellers with numerous repeat customers locally and internationally. - Great reviews online and well represented on instagram. - Busy central location with a trendy fit out. - High profit margins.

Premises
Quality fit out, custom made kitchen, designer furniture with an area of about 28 sq. mts

Location
Prime location on a busy street with lots of pedestrian traffic in City fringe area.

Trading Hours
6 days - Tues. - Sun. - 8 a.m. - 4 p.m.

Lease
Current lease expires 31st August 2020 with an option to renew 5 years + another 5 years. - Annual rental 3% increases. - 3 months bond.

Employees
2 owners + 4 casuals.

Property Information

Location:

Prime location on a busy street with lots of pedestrian traffic in City fringe area.

Business Operation

Expansion Potential:

Could do more marketing to boost even higher sales in takeaway. - Could open longer hours and night trade. - Potential to franchise.

Trading hours:

6 days - Tues. - Sun. - 8 a.m. - 4 p.m.

Employees:
2 owners + 4 casuals.
Years established:
Dec, 2012

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