Cafe Prime Elizabeth Street, Sydney NSW Location Long Lease

Outstanding Cafe and New York Style Sandwiches , Bagels and Drinks

Perfectly positioned for strong daytime trade with an excellent fitout and proven systems in place - a turnkey business for an owneroperator or investor.

Key features

-   Prime Elizabeth Street, Sydney location with high visibility and strong foot traffic
    
-   Excellent fitout: modern, functional layout ready for immediate operation
    
-   Proven systems and processes in place - efficient workflow, established suppliers and pointofsale
    
-   Trading days/times: Monday to Friday, 6:30am - 2:30pm (consistent daytime trade and ownerfriendly hours)
    
-   Well suited to coffee, fresh bakery goods, breakfast and lunch trade
    

Financials

-   Proven turnover: $17,000 per week
    
-   Approximate annual turnover: $17,000 x 52 = $884,000 (proven weekly figures supplied)
    
-   Listing price: $ 289,000 - attractive price for a fully fitted, incomeproducing business in this Location.
    
-   Secure lease: 7year lease in place until 2033
    
-   Rent: $2,007.69 (including GST and outgoings) - manageable occupancy cost for this location
    

Why this is a great buy

-   Turnkey operation - No refurbishment or additional capital required
    
-   Excellent location on Elizabeth Street providing steady weekday trade from local workers, residents and passersby
    
-   Proven trading performance and established systems reduce transition risk for a new owner
    
-   Strong potential to grow takings by extending hours, adding weekend trade or developing catering/wholesale
    
-   Full handover and training to ensure a smooth takeover (details to be agreed)
    

Asking price & next steps

-   Asking price: $ 289,000
    
-   Genuine sale
    

Important Notice - Buyer Identification Requirements  
In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.

-   For more information, to request financials, or to arrange an inspection, contact broker Chris Minas , xxxxx
    
-   phone : xxxxx
    
-   Serious enquiries only; confidentiality respected.