About the Business:
Seize this rare chance to own a well-established and leading café in the affluent Upper North Shore suburb of Roseville. Perfectly positioned in a bustling coffee district, the café enjoys unmatched visibility next to a busy train station and public car park, ensuring a steady flow of foot traffic and well supported by a generous lease that will take you through to 2032.
Key Business Highlights:
Specialty Coffee Focus: Renowned for serving 35-40kg of premium coffee per week to a loyal customer base.
Semi-Under Management: Currently operated with minimal owner involvement, providing flexibility for either hands-on or fully managed operations.
Loyal Customer Base: Strong, repeat clientele ensures consistent revenue.
Prime Location: High-visibility spot next to Roseville train station in a safe, affluent neighbourhood.
Surrounding Amenities: Close proximity to private schools, luxury residences, a marina, and a prestigious golf course.
Future Growth Potential: The area is set to benefit from NSW State Government rezoning plans for higher residential density, promising increased foot traffic and local development.
Financial Highlights:
Weekly Sales: Averaging (+/- )$15,000 per week with net profits between $2,000 and $3,000 per week.
Operating Hours:
Monday - Friday: 6:00 AM 3:00 PM
Saturday: 6:30 AM 1:30 PM
Sunday: 7:00 AM 1:00 PM
Staffing:
1 x Full-time
3 x Part-time Staff
4 x Casual Staff
Lease Details:
Current Monthly Rent: $6,066.67 + GST
Outgoings: Estimated at $7,500 per annum.
Lease Term: Lease commenced on 11/10/2023 and expires on 10/10/2026, with 3 + 3 year renewal options.
Bank Guarantee of 3 Months' Rent + Outgoings + GST ($18,200.01 + Outgoings + GST).
Annual Rent Review: Fixed at 4%.
This café offers a turnkey investment opportunity in one of Sydney's most desirable locations, boasting a solid foundation with excellent growth potential. Whether you're an experienced operator or an aspiring café owner, this business is primed for success.
Reason For Selling:
The current owner, having recently acquired the business, is seeking a quick sale due to personal reasons. A proforma P&L with supporting documentation is available to support a proforma P&L for the business. There will also be provided (1) a comprehensive operations manual and (2) a transition plan to ensure a seamless handover. Additionally, the owner is willing to provide two weeks of post-settlement training if required.
Contact:
For more details or to arrange a viewing, please contact:
Travis Du
Sinosmart Business Brokering
Act now to secure your place in Sydney's thriving café scene!
Property Code: 152
