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$370,000
Phone enquiries - please quote property ID 20187
A well established cafe situated in Sydney's Inner West with high and stable turnover all year long. Great lease terms with rent representing 5% of total sales. Business ready for the right operator / investor to take over and run the business as is.
Main Strengths:
- Turnover $24000 weekly with excellent net profits
- Approximately 60kg of coffee a week
- Rent is 5% of total sales
- All systems & processes are set in place for new buyer
- Tools for measuring finances of the business and labour cost will be given to the buyer with training
- An establishment & busiest cafe on the street
- very loyal & regular customer base
- Great weekend sales with weekly markets across the road
- Running private events which adds more to the bottom line
- Great online presence
- Operating for over 8 years
Potential for growth:
- Extend opening hours for dinner service (Attained council approval)
- Catering
- Systems & processes in place if buyer would like to franchise the concept.
Next Step:
Enquire today, as this business will not last long.
Suite 1A, 608 Hawthorn Road, Brighton East VIC 3187
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