Ad ID: 76534
Iconic Cafe for Sale SydneyEnquire about this "Iconic Cafe for Sale Sydney" opportunity on aubizbuysell
Iconic Sydney City Cafe For Sale
Business for Sale Description
Iconic Cafe for Sale Sydney Asking: $299,000About the Business
Landmark 6.5 - day Sydney CBD Cafe and Restaurant, reluctantly being placed on to the market by current owner due to family relocation.
$754,000 pa (Approximate)
$141,596 pa which uniquely includes outgoings + electricity etc
$272,480 p.a (Approximate)
- Established since 1940\'s
- Sub-lease with only 1-month bond and almost zero outgoing as head lessee covers electricity and many other running costs
- Solid and Consistent Takings
- Simple Cafeteria Menu and easy to run
Business is situated in prime CBD location above a large supermarket and adjacent to one of the busiest train stations in Sydney.
- Huge scope for catering given the size of the kitchen
- Potential to enhance menu and coffee offering to boost takings as coffee sales are less than 20kg/per week at the moment
- Opportunity to tap into the growing delivery app market given the kitchen size and prime location
6.5 days - Mon. - Sat. - 7:30 a.m. - 9:00 p.m. - Sun. - 8:00 a.m. - 3:00 p.m.
Current sub-lease runs to December 2021 + 1-month bond and 3% annual rent increases.
1 f/t owner operator + 2 f/t staff and 8 p/t (Roster available for review).
This business an area of 320 sqm and comes with 200 seats.
Interested In This Opportunity?