Food and Hospitality
COLLAROY l NSW
Ref: 4797210

Busy Local Cafe. Collaroy. Northern Beaches, Sydney. For Sale

Business Headline : Busy Local Cafe. Collaroy. Northern Beaches, Sydney.


                                

Price : $498,000


                                

Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant


        

A rare opportunity exists to acquire a very profitable cafe, perfectly positioned across from the beach.


Serving breakfast, brunch & lunch, this busy café is extremely popular with residents and professionals of the local community. 


Modest rent with an amazing lease secured – 8.5 years remaining until June 2027 plus another 10 yr. option.


This offer on Sydney’s beautiful northern beaches provides aspirational appeal and outstanding financial returns for the astute investor.


Key Features include:



  • Superb location, great exposure to foot traffic and easy access for cars to park on the main road, side streets or in the abundant beach side car park.

  • Cafe has excellent seating for 70, including 20 outside in prime position on the lively Collaroy strip.

  • Modern, streamlined recent fit-out covering 90 square metres of space. 

  • Fit-out designed by industry-leaders in the F&B industry featuring fully equipped modern kitchen, walk in cool room, appealing refrigerated glass display cabinetry etc

  • Business set up by very skilled, experienced and reputable operators with commitment and passion for good quality food.

  • Current trading hours 5am to 3pm, 7 days.

  • Approx. 48kg coffee/hot choc sold per week.

  • Simple, profitable menu for both eat in plus grab & go with organic, vegetarian and eco friendly options. Features burgers, fresh salads, wraps, sandwiches, great coffee, smoothie bowls / acai bowls etc

  • Includes 2 car spots for the owner.

  • Long lease with very low rent @ AUD $69K per annum (equates to 8% of sales)

  • Full accountant prepared financials are available.


Potential:



  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments.

  • The functional kitchen could easily support a variation in the current menu based on owner’s creative ambitions.

  • Increase daily trading hours to capture night-time dinner sales.

  • Apply for liquor licence to expand beverage offering and further increase sales.

  • Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4797210#enquire-now

                        

Annual Rent : $69,600 -
                    Weekly Rent : $1,338


                                        

Annual Turnover : $858,000 -
                    Weekly Turnover : $16,500


                                

Annual Gross Profit : $622,000 -
                    Weekly Gross Profit : $11,962


                                

Annual Ebit : $350,000 -
                    Weekly Ebit : $6,731


                                

Premise : Leased


                                

Lease Commencement : Jul 2017


                                        

Lease End : Jun 2027


                                

Lease Option:
                    10                    years


                                

Current Outgoings pa: $12,000


                                                        

Total Land Area : 90 Square Metres


                                

Total Floor Area : 90 Square Metres


                                

Total No of Parking : 2


                                        
                        

Franchise : No


                                        

Approximate Stock Value : $10,000


                                

Year Purchased : 2001


                                

Year Established : 2001


                                

Days Trading : 7


                                

Staff :
                    1 Full Time - 6 Casual


                                

Staff Salaries : $230,000


                                                        

Reason for Sale : New Opportunity


                                

Location : Collaroy


                                

Business Potential : •    Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments. •    The functional kitchen could easily support a variation in the current menu based on owner’s creative ambitions. •    Increase daily trading hours to capture night-time dinner sales. •    Apply for liquor licence to expand beverage offering and further increase sales. •    Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.


                                

Parking Comments : 2 cars - Park on the main road, side streets or in the abundant beach side car park.

Price: $498,000
ABBA Group
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Australian enquiry? Yes No

Broker : Eddie Spurr
Phone: 1300 064... (click to show)
Mobile: 0417 251... (click to show)
Fax: 02 8588... (click to show)
Address:
Level 1, 183 Harris Street
PYRMONT, NSW, 2009


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