This very successful Surry Hills Café has been established for over 12 years and has provided coffee and food for locals and visitors alike. Strategically located on a premier Inner East high street, the exposure, awareness and patronage of the Café is strong year-round.
The Café has been configured to have no internal seating ("hole in a wall") and is therefore very easy and simple to run and can be fully functional with only two staff. Operating 6 days a week for breakfast and lunch from 6:30am to 4:00pm Monday to Friday and from 7am to 4pm on Saturday. Closed on Sunday and Public Holidays. Sales have averaged $15.5k per week with 25kg of coffee. With access to outdoor seating (12 seats) it is the perfect café able to cater for the local residents, commuters, businesses and visitors.
Competitively priced and with a highly motivated vendor to sell, this business is a must to inspect if you are in the market for a profitable, easy operational inner east suburbs cafe. This is a good investment opportunity for someone who is looking for a business with low overhead costs, minimal staffing requirements, and the potential for growth. A car space is provided on the premises.
All systems have been put into place for a new owner to take over simply and seamlessly. To further grow the business, extend the hours of operation to include Sundays and focus on catering, operating at night, opening on Public Holidays or partnering with take-away apps to reap the financial rewards. Reduce the cost of goods/purchases for further profitability. Ideal and simple business to trade as is and to capitalise on the successful operation by the previous owner. This business is all set-up and ready to go and training can be provided.
Lease Details
The 5 year lease commenced on September 1, 2020 and expires on August 31, 2025.
A further 5x5x5 year options to August 31, 2040 is available.
3% annual rent increases; Market Review at Options
Security Deposit - Three months' rent plus outgoings plus GST
Premises Details
Approximately 90m2 of internal space Toilet, full commercial kitchen, grease trap and coolroom. Major street frontage. No Indoor seating. Outdoor/Footpath seating area for 12. Well equipped and presented with renovations completed 4 years ago. Customer car parking at doorstep. Two car tandem parking on the property.
Situated strategically in the main suburban hub with complementary adjacent food offerings forming a retail/dining precinct within the neighbourhood high street.
Staff Details
The business is run by the following:
3 x Casual Baristas
2 x Casual Cooks
2 x Casual Pastry Cooks
1 x Casual FOH
The total operational hours are currently 56.5 per week
Opening Hours
6 days a week
Monday to Friday 6:30am - 4:00pm
Saturday 7:00am - 4:00pm
Sunday Closed
Public Holidays Closed
There are 56.5 operational hours per week
Opportunity
All systems have been put into place for a new owner to take over simply and seamlessly. To further grow the business, extend the hours of operation to include Sundays and focus on catering, operating at night, opening on Public Holidays or partnering with take-away apps to reap the financial rewards. Reduce the cost of goods/purchases for further profitability. Ideal and simple business to trade as is and to capitalise on the successful operation by the previous owner. This business is all set-up and ready to go and training can be provided.
**Weekly**
Coffee Sales 25kg
Sales $15,458
Rent $915
Wages $4,235
Net Profit $3,108
