Cafe-Restaurant-Takeaway-Busy Location-$250000 spent-fit out For Sale
Here is a fantastic opportunity of a lifetime to own an eclectic cafe/restaurant that has everything in place to make a success. Located in Surry Hills near the Sydney CBD, this cafe enjoys heavy foot-traffic from locals and many business offices situated above and across the cafe. This icon cafe was turning over $8,500 per week on just 5 days a week, Monday to Friday prior to the covid-19 restrictions enforcement. Due to personal commitments the cafe has not been open since March and now the owner needs to sell urgently.
Rent is $80,000 + GST including all outgoings and the rent is non-negotiable. Landlord is offering a three months rent-free period.
This well-recognised cafe is ideally located in the fast-growing and ever-busy suburb of Surry Hills, Sydney. Operating successfully for the past 14 months prior to covid-19 restrictions, the owner decided not to reopen the business to attend to other personal matters. There is huge potential for a new owner to take over this amazing business and start trading from day one.
$250,000 has been spent on the shop fitting alone, to create the elegant and beautiful decor that presents a pleasant atmosphere for any customer to enjoy. This business has everything that's needed for a new owner to start making revenue from day one. It can also be changed to any other food/takeaway business.
It has seating for 25 customers and could be easy opened 7 days a week to increase revenue. This business is perfect for an individual or couple who are looking for low priced business that has the huge potential to grow to the next level. This will go quick, so don't miss this opportunity. You won't find a modern fitted out cafe/restaurant like this anywhere near the Sydney CBD.
Key features of the cafe:
Popular cafe/restaurant/takeaway shop operated for 14 months
Complete elegant fit out worth $250,000 and modern equipment
Incremental growth potential through increase in trading hours
Inviting shop with both indoor and outdoor al-fresco seating
Priced to sell, this business is ready to go and is in a great location. If the idea of owning your own business which can be expanded further excites you, then grab this incredible opportunity to become a successful food entrepreneur. For a confidential discussion, call on the number given above TODAY!
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
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Suite 522, 12B Anzac Square Arcade - 198 Adelaide Street
Brisbane, QLD, 4000
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