Raw Sugar Cafe

NSW
Asking Price $385,000
About
Raw Sugar Café
$236,000 profit p.a.
$385,000 plus stock

This iconic one owner business is now for sale after almost twenty years of continuous and successful operation. The current owners have not actively worked in the business for some years now and have decided to retire completely from business life which has created a rare and unique opportunity that truly has to be seen to be believed.

It trades from 7am to 2pm only and services the busy breakfast & lunchtime trade generated by the local businesses, residents and tourists to the area.

The main street location means that it enjoys high exposure coupled with low rents and can be operated around the owner's individual needs. It is a true lifestyle business which is unusual in the hospitality industry.

Seating capacity is around 100 and includes all weather al fresco and a function room for corporate and private meetings. A full commercial kitchen means it can cope in even the most demanding of peak activity.

The business is secured by a long lease and there is potential to improve on the already impressive performance with some simple strategies (if required) e.g. increase trading hours, obtain liquor license and more.

Staffing is a key factor to success in this industry and this business boasts a highly trained and professional workforce that takes the stress and worry out of the day to day activities.

Financial highlights include
o  2023 sales of $1.4mill
o  50kgs per week
o  GP at 70%
o  Rent 3% of turnover approx.

Attention sea/tree changers, this business is a life changer, don't hesitate - for a full Information Memorandum including accountant's reports please contact Rick Di Mecola.
Contact this seller
Listed By:
Contact this seller
Listed By: