Under Offer! Waterfront Café in an Idyllic location, Sydney Northside.
Sydney NSW
Last asking price $220,000
Sold December 2023
Food & Drink, Food & Drink
Business ID: BS153883
Revenue $1mil + pa. This iconic cafe is featured for sale for the first time in 20 years. Very good opportunity for a larger cafe/bar group. Beautiful location, loads of potential.
This business represents an opportunity for someone to own a location on the waterfront. Long lease available and comes with 2 bedroom apartment. Options to grow the business include potential kiosks. Dinner and function trade could add 500k plus to the yearly revenue. Loads of room for up to 120 guests. Strong trading figures over the 20 years established.
- Fantastic location/waterfront
- Licensed café with huge potential for expansion
- Full support offered by present owners if required
- Great lifestyle
- Two-bedroom apartment comes with the lease
- Long lease available
- Great potential for functions
- First time for sale in 20 years
The present owners are willing to offer full support to a new owner for an extended period if required. A smooth transaction of ownership would be the goal.
This excellent café deserves to be in the hands of new energetic owners. The present owners are looking to retire after 20 years of operation. Loads of support is on offer.
Asking Price: Sale price $220k plus Stock at value.
Property Code: 3302