
Mosman Licensed Café – Position and Potential! For Sale
This licensed Mosman Café is located in a neighbourhood high street strip, nestled amongst other complimentary businesses which make the area a local destination.
Surrounded by a mixture of apartments and established homes, with a relatively high volume of passing traffic, easy off-street parking and in close proximity to a local school and other businesses, this café has all the ingredients for a successful operation.
Covid-19 has not adversely impacted this business – coffee sales have increased as has take-away business and the customer base has grown as locals discover the offer. Current weekly sales are approximately $11k per week which is near pre-covid levels.
The café has a full commercial kitchen with a grease trap and exhaust system, full walk in coolroom, office space, security system and POS system. The ground up renovation of this business was only completed approximately three years ago.
The dining area has approximately 50 seats, with 10 on-premise outdoor seating. There may be scope for further footpath seating subject to Council approval.
The café has been established in its current format for nearly three years and it currently trades seven days serving breakfast and light lunch with a five day (Tues-Sat) dinner service that is sub leased and ready to be incorporated into the main business. A healthy delivery platform income stream also exists.
Highly motivated vendor selling for well below fit out cost, this business will not be on the market long.
Perfect first business with state-of-the-art equipment and finishes to trade as is or to buy, rebrand, obtain a footpath licence (STCA) and create a specific cuisine destination for an experienced operator.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Opportunity
Operate as a full restaurant in the evenings by owner with a specific cuisine (maintaining the café trade). Rebranding possible to clearly convey nature of business and operation. Apply for Footpath licence (STCA). Establish catering for local businesses.
**Weekly**
Turnover (inc GST) $12,243.06
Rent $2,100.00
Net Profit $1,534.59
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