Coco Cubano for sale in Western Sydney

A fully licensed Latin inspired cafe/restaurant & bar offering an all day food & drink, mouthwatering menu including breakfast, burgers, tapas, salads, cocktails, drinks and the best coffee. Vibrant and welcoming atmosphere perfect for any fiesta! Opened in 2012 this is a beloved local favourite and very well established in this busy and happening street in the heart of Western Sydney. New Owners will have the freedom to change the brand or continue with the same brand name and same weekly licence fee.

Asking price $498,000 plus SAV

Key  Features
* Average weekly turnover approx $26,000 - $28,000 p.w. 
* Reasonable rent at $3,150 pw ex gst (plus outgoings)
* Fully equipped kitchen, cool room and storage room 
* Fully Licensed and open 7 days 
* Long new 10 year lease expires in 2034 for security of tenure 
* Size 101m2 - 50 Seats inside and 40 seats outside 
* Fully under Management - Would also suit an owner operator for a higher return.
* Low Franchise/License fee of $300 p.w. inc gst (regardless of turnover)
* Renovation spent $100K with new cool room, fridges, paint and new furniture 
* Weekly profit $6500 p.w.

 

The  stage 1 light rail should be operational from mid-2024 which will increase foot traffic and revenue.

Surrounded by hotels, other businesses, office workers and residential. Enjoy the benefits of a well-established brand, training, proven systems and ongoing support.

A fantastic prime location with high foot traffic, excellent  visibility and a sought after corner position.

This is an opportunity not to be missed and will not last at this price!

Listing ID: NSW11301

Broker Sukhdeep Mangat
Phone: xxxxx
Email:  sukhdeep.xxxxx

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

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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.

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Keywords: Sydney, franchise, cafe, cocktails, restaurant, bar, mexican  and Licensed

Ref: NSW11194

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Ref: NSW11301
Timestamp: 20240419030002