Excellent and long established Cafe business for Sale, high profile location, loyal customer base... and that's only the beginning!
This cafe has no Third Party Deliveries , and if added it will immediately increase its takings overnight , especially being in this Trendy and Affluent area.
The cafe has been Established for over 10 Years and is beautifully maintained and presented well.
Current Owner is Retiring and will fully train the incoming buyer.
Strong weekly turnover of approx. $ 24,000, with excellent growth potential.
Currently trading 5 and 1/2 days, closed on Sundays .
Secure lease with 6 & 1/2 years remaining, offering long-term peace of mind.
Currently closed on public holidays and 3 weeks in Christmas period.
Serving 45 Kgs of Coffee per week.
Area size of 92 sqm , and Indoor / Outdoor seating for 55 Patrons.
Rent is $ 2,771.66 per week ( inc GST & Outgoings )
Wages come in at $ 5,800.00 per week and owners Wages of $ 2,000.00 per week.
Electricity is at $ 238.86 per week
Gas is at $ 22.92 per week
Cost of Goods come in at 31% of its takings.
Surrounded by thriving medium-density residential and commercial precincts.
Vendor is retiring and motivated to sell, creating a great buying opportunity.
For full financials, confidential sale memorandum and to arrange an inspection, please contact:
Chris Minas, Business Broker xxxxx [xxxxx](mailto:xxxxx)
Serious buyers only - confidential inquiries welcomed.
For Sale Top Cafe Long Established Sundays Closed No Competition
Woolloomooloo NSW
Asking Price
$469,000
Revenue
Profit