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SOLD! Superb Café in one of Sydney’s busy inner west suburbs

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SOLD! Superb Café in one of Sydney’s busy inner west suburbs
Very favourable lease terms with a rental at approximately 10% of turnover.

Business Sale Price:

Business ID:
Location:
Type: B

SOLD

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SOLD! Superb Café in one of Sydney’s busy inner west suburbs

With a turnover in excess of $26k per week consistently and income to the owner/operator of between $5,000 and $6,000 per week, this business will be popular with the buyers.

Operating just days (no nights) the café has coffee sales of approximately 50kg per week. The cafe has a liquor license and a new owner could look into trading nights if they wished to do so.

There are very favourable lease terms with a 2x3x3 remaining and rental at approximately 10% of turnover.

The owner is prepared to do a trial of revenue for two weeks at $26k per week once the contracts have been exchanged.

Business Highlights

  • Prime location in this busy suburb
  • At present running under management
  • Very good consistent turnover
  • Very well appointed with quality fixtures
  • Good rental terms
  • Very busy vibrant suburb with solid café culture
  • Solid business with high profits
  • 3 car spaces at the rear of premises
  • Management structure in place
  • Good systems in place provides ease of operation

The cafe is located in a beautiful heritage style building with loads of character.

Asking Price $450,000 plus stock at valuation

Details

Subheading : Very favourable lease terms with a rental at approximately 10% of turnover.
Business ID : BS3399
Status : Sold

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    REIV Awards Winner - Business Broker of the Year

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