Ad ID: 79723

Cafe for Sale Neutral Bay Sydney

Enquire about this "Cafe for Sale Neutral Bay Sydney" opportunity on aubizbuysell

Cafe Run Under-Management in Prime Lower North Shore Location with Owner Parking + Licensed

Location:
Asking:
$110,000

Business for Sale Description

Cafe for Sale Neutral Bay Sydney Asking: $110,000

Stunning 7-day café, located in very popular Lower North Shore food and entertainment hub.

This delightful cafe is run fully under-management and would be ideal for an owner-operator looking to step into a well-run café with loads of potential. They have many excellent reviews from customers across multiple review sites. Simple all-day brunch menu as well as popular lunch-menu items such as cheeseburgers and unique desserts menu that has earned them a loyal following with customers. Perfect opportunity for an owner-operator to grow and prosper with this fantastic food and coffee establishment. The asking price for this business is worth the fit-out alone.

Trading Figures

Weekly revenue: $10,700

Cost of goods: $3,000

Wages: $2,000 to $2,500 per week (excluding manager which is $1,000)

Rent: $2000 GST

Utilities: $400

Other costs: $100

Net profit: $2,500

Coffee: ~15-20Kg

Key Features

- Run under management, however, an owner-operator can save on wages.
- Licensing and extended hours for added turnover
- Growing customer base and turnover
- Simple Menu and easy to run business
- Long-term lease in place for new owners added peace of mind

Location Details

Business is situated in a vibrant North Shore suburb renowned for eating out. Adjacent to a large suburban shopping centre which brings in loads of foot traffic to the cafe.

Potential

- Will soon commence evening trade a couple of nights a week to boost turnover
- Newly licensed for alcohol service which is expected to further boost business takings
- Opportunity to tap into the growing delivery app market given the excellent reviews from customers and unique food offering that makes it ideal for online orders

Current Trading Hours

Monday - Friday 7am to 3.00pm

Lease
Current lease term to March 2025 including 5-year option + (additional options may be available for new buyer). CPI% Rental Increases. 3-month bank guarantee.

Employees
1 f/t manager + 2 f/t staff and 3 casuals on rotating roster (available for review to purchasers).

Premises
Recently renovated to a high standard. Premised comes with 68 seats (Including 10 outside). Fully equipped kitchen and prep area. 2 car spaces included on lease for the owner.

Contact us today for more detailed information and inspection of this magnificent cafe that would perfectly suit a W.I.W.O buyer the business is well documented and priced to sell

Michael Short
Biz Transfer

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Similar Business Opportunities:
Cafes for Sale Sydney
Businesses for Sale Sydney
Business Brokers Network Australia
For more info
Contact:

Michael Short

0421 744 572
Business Brokers Network Australia
Broker Ref: 3960

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