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