List Price
$220,000 + SAV
About the Business
This is a rare opportunity to purchase an established and popular café on the Northern Beaches of Sydney. Nestled in a bustling coffee lover arcade district, this café boasts an enviable position close to Coles supermarket, Post Office, Schools, RSL Club, Community Centre & Library and Public Carpark, ensuring a constant flow of foot traffic.
'The Grounds' Specialty Coffee: Renowned for its high-quality specialty coffee roasted locally in Sydney's Eveleigh.
Extremely Strong Loyal Customers: Enjoy a solid customer base with a high level of repeat business from loyal patrons.
Established Business: This café has built an excellent reputation over the years, making it a trusted café in the area.
Prime Location: Situated in a pedestrian friendly mall next to carpark and supermarket ensuring high foot traffic.
Accessible Suburb: Located off the Warringah Road of the Northern Beaches, near Chatswood and surrounded by Schools, RSL Club, specialty shops, Post Office and carpark.
Hospitality Opportunity: Benefit from the surrounding trading and large back of house the opportunity to setup a dining and takeaway style business to cater for the local demands and accessible into the area.
This café represents an exceptional investment opportunity for the savvy buyer looking to step into a turnkey operation with a strong foundation and significant growth potentials. Don't miss your chance to own a piece of Sydney's café culture in a prime location with unmatched lifestyle benefits.
For more information or to arrange a viewing, please contact Travis Du at Sinosmart Business Brokering. Seize this opportunity to own a thriving café in one of Sydney's most desirable locales!
Trading Hours
Monday - Friday: 7:00AM 4:00PM, Saturday: 7:00AM 3:00PM & Sunday: 8:00AM 1:00PM.
Income
Current weekly sale is $16,500 and estimated weekly net profits is between $3,000 and $3,500.
Employee
3 x Fulltime and 8 x Casuals.
Lease
Lease commenced on 27/05/2024 and expires on 26/05/2029 with Renew Option: 5 Years.
The current Lease has a Fixed 4% Annual Rent Review and requires Bank Guarantee of 3 Months' Rent + Outgoings + GST.
Current Monthly Rent: $6,709.98 + GST with Annual Outgoings $8,140.23 + GST.
Premises total lettable space is 164 sqm, has Grease Trap, Outdoor Seating, Airconditioning, large Coolroom and Freezer, huge kitchen area and 2 reserved carparking space.
Property Code: 143
