This licensed Lower North Shore/Middle Harbour Café is the only designated café on the main street of the suburb and occupies an unrivalled position in a local setting. The business is nestled amongst complimentary businesses on a small neighbourhood high street shopping village and commands the coffee scene in the area.
The café location has been established for over 8 years and for over three years in its current format (refurbished and rebranded at that time). It currently trades 7 days a week and provides dinners on Friday and Saturday nights. It is fully licensed and is using over 30kg of coffee per week. Approximately 40 internal seats and 32 footpath seats. Great and consistent turnover of $18k per week.
The daytime café menu is what you would expect. The dinner menu (Friday and Saturday) provides a tailored offering for the neighbourhood and surrounds. The café has a fully fitted commercial kitchen with a grease trap, exhaust system and cool room. The dining area is a light, bright space and is very well maintained (complete refurbishment 3 years ago) and the café also has a dedicated outdoor seating area.
A 3 bedroom residence is also included on the lease which is currently tenanted for $850week. Lease (with Option) to 2031 with NO outgoings and NO guarantors.
Easy to operate, this is a perfect business for an investor, owner operator or a family/couple. The upstairs residence is a bonus to either live in or reduce the overall rent by receiving the rental income. Everything is set up for you and the business is trading consistently high. Walk in and reap the benefits that the current owner has set up from day one. Increase the potential by extending the trading hours, particularly the early afternoons and Sunday night. Capture the school sports groups for their weekly catch ups or the school pick ups. Catering and functions are also a source of income. If you have been looking for a very profitable business with high turnover, limited competition and a loyal following, then this is the one.
Lease Details
The Lease started on February 1, 2021 and expires on January 31, 2026
A 5 year option is available. taking the lease to January 31, 2031
A 3-bedroom residence is included ($850/week rental received)
CPI rental increases annually.
Market Review at the options
No Guarantors
Premises Details
Approx. 89.1m2 One Car Space, Toilet, full commercial kitchen, and coolroom. Indoor searing for 40. Outdoor/Footpath seating area (9m2) for 32. On premise liquor license. Well equipped and presented and renovated 3 years ago. Upstairs 3-bedroom residence tenanted at $850/week.
Staff Details
The business is run by the following:
1 x Full Time Owner
2 x Full Time Chefs
1 x Casual Kitchen Hand
1 x Full Time Barista
1 x Casual Barista
5 x Casual FOH
Total operational hours are currently 56 per week
Opening Hours
7 days
Mon Sat 7 am to 2 pm
Fri-Sat 5 pm to 9 pm
Sun 8 am 2 pm
Total of 56 operational hours per week
** Weekly**
Coffee Sales 30kg
Sales $18,130
Rent $1,248
Wages $5,278
Net Profit $2,597
