Business Summary

This beautiful cafe, restaurant and wine bar is in the heart of the Sydney CBD.  Located in a premium shopping centre, the QVB,  has been priced at $398,000 plus SAV. Well known for its delicious breakfasts, pastries, cakes as well as lunch. A traditional High Tea is also offered which is very profitable. This is a rare opportunity not to be missed!

Customers can relax and unwind with a glass of Sparkling Wine, while enjoying the surroundings and delicious treats on offer. Lots of potential to increase sales with a motivated new owner or couple
* Current sales $20,000 p.w. with profit approx $4,000 p.w.
* Could open nights and longer hours
* Lease Expires: April 2027 - 5% Increases Currently 3-month bond
* Open 7 Days from 10 am 5 pm
* Rent $3,230 p.w. ex gst plus outgoings
* Could add more social media and introduce catering
* Excellent google and online reviews, Could add more social media and introduce catering
* Well established in 2014 by the current owner who would like to semi retire 
* Sought after location in a very popular and multi-level premium centre frequented by tourists, office workers and shoppers
* Full kitchen and a separate coffee and bar service area - Fully licensed
* One full time owner, 2 full time staff, 3-4 Part time 
* Plenty of seating inside and outside for up tp 100 people


Listing ID: NSW10684

Broker: Jan Forsyth
Phone: +61 411 510 610
Email: [email protected]

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Ref: NSW10684
Timestamp: 20230215020040

Property Details