Profitable 5 day Licensed Cafe & Bar in Top Location

Sydney NSW
Asking Price $348,000
Licensed Cafewith casual dining and lots of potential to open more hours - Well established for many years and located in the heart of the Sydney CBD.Selling over 50 kg of coffee p.w. and is also a fully licensed restaurant and bar. Surrounded by offices and retail. Priced at$348K plus stock

Key feature of this business opportunity

- Well established and current owner since January 2020 and showing very consistent sales year after year
- Premium Location high food traffic position in the heart of the CBD
- Average weekly takings approx. $23,000 to$25,000 p.w.
- 1 full time owner and 3 Full time staff and 3-4 casuals
- 5 days:Mon toFri from6 am to4 pm
- Seating 50 seats inside and 20 seats outside
- Lease expires in June 2026, 4 % Increases, 4-month bond
- Well-equipped full kitchen with cool room and store room Size 115 m2
- Rent at $168,000 p.a plus gst which includes outgoings
- Beautiful outdoor seating area. Liquor License till Midnight and big potential for night time trading
- Annual Sales $1,100,000

If you are an experienced in hospitality and ready to put your own stamp on this, it is an opportunity not to be missed.

Highly visible location with high foot traffic.

Listing ID NSW10919

Broker: Jan Forsyth
Phone: xxxxx

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Ref: NSW10919
Timestamp: 2024xxxxx
Ref Num: 117-NSW10919
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