Ad ID: 79723 Inactive
Cafe for Sale Neutral Bay SydneyEnquire about this "Cafe for Sale Neutral Bay Sydney" opportunity on aubizbuysell
Ideal 6-Day North Shore Cafe with owner car spaces and new fit-out
Business for Sale Description
Cafe for Sale Neutral Bay Sydney Asking: $110,000Reluctant sale of 6-day cafÃ©, located in very popular Lower North Shore food and entertainment hub. Easy for the new owner to take over and hit the ground running. Currently, run under management.
This delightful cafe is run fully under-management and would be ideal for an owner-operator looking to step into an up and running cafÃ© 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 and lots of upsides for additional revenue by opening for dinner or introducing online delivery platforms into the business.
Weekly revenue: $10,500 Avg
Cost of goods: $3,100
Wages: $2,000 to $2,500 per week (excluding manager which is $1,000)
Rent: $2,000 ex GST
Other costs: $100
Net profit: $2,500 Approximate
- 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
Business is situated in a vibrant North Shore suburb renowned for eating out. Adjacent to a large suburban shopping center which brings in loads of foot traffic to the cafe.
- 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
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.
1 f/t manager + 2 f/t staff and 3 casuals on rotating roster (available for review to purchasers).
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