Business Summary
The business has been priced at $298,000 plus SAV Currently selling 37-40 kilos of coffee p.w. A truly unique opportunity in Sydney's foreshore precinct and picturesque waterside venue, this cafe is well known for its delicious food and exceptional coffee prepared daily with fresh ingredients. The business serves an upmarket clientele with high spending power and its sales currently 5 days and around $12,000 per week and growing. No nearby competition.
A very modern and spacious cafe/restaurant situated in prime position with an exceptional fit out! This is a rare location and opportunity not to be missed
* Weekly takings $12,000 p.w. Sales $15,000 p.w. pre covid.
* Amazing waterfront location in the Inner West and only moments from the Sydney CBD
* 5 days trade Mon Fri -7 am 3.30 pm. Could open weekends and nights. Fully Licensed. Full Kitchen
* 10-year Sub Lease Oct 2019- Oct 2024 plus a 5-year option. Store opened in Oct 2019
* 4 Months Bank Guarantee and 3% yearly increases
* Excellent google reviews 4.6 Star Google Rating
* Target market of affluent customers both as a commercial hub and leisure location with many nearby offices, trade workers from nearby West connect and Metro construction
* Free staff parking and 2-hour customer parking and lots of parking near by
* 320m2 The area is primed to experience significant growth in the near future
* Indoor and outdoor seating, Glass front and a large dining area with premium finishes and there are three modern industry-style private dining room currently using as office and second coffee training room with fully air con and drainage in place
* Total set up & fit-out cost is $525,000 no equipment is leased all owned out right will come with the business
Listing ID: NSW10606
Broker: Jan Forsyth
Phone: +61 411 510 610
Email:
[email protected]
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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Keywords: Sydney Harbour, Inner West, Cafe, Waterfront location
Ref: NSW10606
Timestamp: 20230210020039
Property Details