The price of this business is now drastically reduced the Vendor, after 7 years, says sell in the coming weeks! Make an offer! You may be pleasantly surprised!
This South Sydney business has been successfully operating for 7 years it is time for the owners to pass on their success! Training can be provided. This is a well-positioned business with minimal competition and has an impressive 12m street frontage with parking at the doorstep.
The location has high vehicular passing trade from the industrial estate facing the business as well as a constant stream of local residents. The local schools also bring additional customers as does the proximity to the local sporting fields that are well frequented during Saturday and Sunday kids sports.
The café serves a unique offering of breakfast and lunch mostly in the form of toasties, burgers and wraps. It also has a small dessert offering plus the regular coffee, tea, smoothies, shakes and frappes.
It boasts an impressive turnover of $23k per week with 25kg of coffee served. Open 7 days a week and closed on Public Holidays. The business is also closed for around 3 weeks during the Xmas period. The lease has 8 years remaining including the option and the rent is $1,100 plus GST per week. Full commercial kitchen with coolroom and two car spaces and a separate storage area included.
The opportunity here is to capitalise on the location and the existing customer base. Revitalise the signage and branding to give a real presence to the business and increase awareness to the passing trade. Extend the menu to provide Catering to the Corporate neighbourhood situated directly opposite the café. Introduce further cafe offerings to align the business further with a standard café and also add additional products (gelato, juices, sandwiches). Opportunity for further night operation as well. Possible liquor license. Training is available!
Lease Details
The 5 x 5 year lease commenced September 25, 2022.
With the Option, the lease expires on September 24, 2032
A three month bank guarantee is required.
Premises Details
Approx. 122m2 internal space Two Car Spaces, Toilet, full commercial kitchen, garbage room and storage room. Indoor searing for 45. Outdoor/Footpath seating area for 10. Well equipped and presented. Main street position with an approximate 12m front exposure.
Staff Details
The business is run by the following:
1 x Full Time Owner/Barista
1 x Full Time Chef
2 x Casual Cooks
1 x Casual Kitchen Hand
1 x Casual Barista
3 x Casual FOH
Total operational hours are currently 58 per week
Opening Hours
7 days (Closed Public Holidays)
Mon Fri 7:00 am to 3 pm
Fri 5:00pm to 9:00pm
Sat Sun 8:00 am 3 pm
Opportunity
The opportunity here is to capitalise on the location and the existing customer base. Revitalise the signage and branding to give a real presence to the business and increase awareness to the passing trade. Extend the menu to provide Catering to the Corporate neighbourhood situated directly opposite the café. Introduce further cafe offerings to align the business further with a standard café and also add additional products (gelato, juices, sandwiches). Opportunity for further night operation as well. Possible liquor license. Training is available!
**Weekly**
Coffee Sales 25kg
Sales $23,610
Rent $1,190
Wages $4,934
Net Profit $4,130
