For Sale $465,000 +SAV
Busy Inner West Cafe/Espresso Bar 60kg Per Week.
This well established Inner West café is a true destination, by far the busiest café in the area. The business is located in a popular location but has a rent of only 6% of net turnover, the lease has 3 years plus two five year options (13 years in total) to run.
Sales are strong and consistent throughout the year, this café has huge following of loyal regulars, coffee sales average of 60kg per week
The café has been operated by the current owners for seven years, during this time they have created a strong team, systems and processes that allow the operation to run smoothly with or with out the owner being present. Current owner involvement is 20-25 hours per week.
The café currently trades seven days serving breakfast and lunch, the location of the café would also be ideal to open in the evenings.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
The 3x5x5 left to run CPI. increases – A 3 month bond is required.
7 days – 6 a.m. to 3.30 p.m. Mon – Fri 7am – 3pm Sat & Sun
260 square metres. Outdoor seating area (front) Courtyard area (rear)
– Extend opening hours for dinner service
– Offer Catering
– Systems & processes in place if buyer would like to franchise the concept.