Profitable Restaurant Cafe, Sales over 1M in Alexandria

Stunning and thriving hospitality opportunity. Sales $21,000 p.w. 6 day licensed profitable cafe, casual dining and a dessert and gelato focused bar that has an amazing fit out, set up to perfection.  Long lease with great terms. Excellent reviews and social media presence.

The main point of difference is that it offers high quality products, a unique concept,  with large data base of customers plus on-trend items. Huge potental to expand on the wholesale segment, currently supplying 10 restaurants with desserts and  gelato .

Key feature of this business opportunity:
* Current weekly sales $21,000 to $23,000 and growing. Nett's approx. $3,000 to $3,500 p.w.
* Over 50,000 followers on social media platforms and growing - strong socials footprint
* Huge potential to increase wholesale side of the business with 3 retail products 
* Over 100 media reviews 
* Established in October 2017 with new set up and equipment costs over $450,000
* Suitable to Franchise or set up a license agreement (STA)
* Secure lease in place until 2027 + 5 year option expiring in 2032
* Seating: 64 inside and 30 outside
* Potential to open longer hours for further growth currently 6 Days 
* An excellent customer base, catering to a sizable area

 

Full Kitchen with full gelato making equipment, walk in cool room and freezer and fully licensed

The menu includes a wide variety of menu choices including Burgers, Wings, Ribs, Salads, Delicious Desserts, Gelato and drinks. Vegan, GF & High protein. Additional revenue streams from selling retail products, wholesale items and there's also various pop up locations. 

This business really does tick all the boxes and is a fantastic opportunity to build on an established concept and incorporate some of your own ideas. 

Listing ID: NSW11164

Broker: Jan Forsyth
​Phone: xxxxx
Email: jan.xxxxx

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Keywords: Sydney, Profitable Cafe, Restaurant, Dessert focused Bar, Franchise potential, Mascot, Green Square, City Fringe, Long Lease, Bakery

Ref: NSW11164

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Ref: NSW11164
Timestamp: 20240422093002