Café/Espresso Bar on high-energy inner-city strip - 6 days only!

For Sale $399,000 plus SAV
Property Details

For Sale $399,000 plus SAV
Description

-

This well established and recognised café/espresso bar with vital positioning near major government services and on a road that runs through this funky and high-energy inner-city suburb is situated amongst complementary businesses that create a high traffic location.

The menu is simple – coffee and pre-prepared sandwiches in the main. This is a true café destination within the district for those customers, government employees, locals and office workers. It has all the ingredients in place for further uplift by an enthusiastic operator with all processes and procedures documented.

The café has a fully functioning and under-utilised kitchen area for all food preparation.  The in-store food offering can be expanded by increased utilisation of the kitchen as well as creating a separate catering income stream.

The café has been established for over four years and it currently trades six days a week from 6am to 4.30pm Monday to Friday and Saturday from 6am to 2pm. Sunday trading and night trading is available for the new owner if desired.

The vendor is highly motivated to sell this profitable business. This easy to operate café is run with the owner, two baristas, a cashier and a general hand. The extremely low rent coupled with a healthy turnover of over $12k/week (around 45kg coffee/week) make this business an attractive proposition. As a bonus, a fully furnished 1-bedroom apartment (with separate entrance) is also part of the lease – an additional income stream (AirBnB or longer term lease) or a home close to work!

Easy to run and well set up business. Opportunity exists to revamp the product offering and operating hours, apply for a new liquor licence and establish a catering income stream for this established business.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Location Details
Darlinghurst is immediately east of the Sydney CBD and is an upmarket, diverse and cosmopolitan suburb. Victoria Street runs through the suburb and joins the locality of Kings Cross and Potts Point. A street that is synonymous with café, restaurants and entertainment. St Vincent’s hospital (and it’s various departments) is directly across the road from this iconic café, proving a constant flow of loyal customers.

Property Features
177 views

2 Responses

  1. Hi Could you please send NDA – Keen to get more info on this.

Leave a Reply

Your email address will not be published. Required fields are marked *

Years Est


Years With Current Owner


Staff No
The business is currently run by the owner, two baristas, a cashier and a general hand.

Lease Info
The 15 year lease commenced on December 15 2015. There are two additional 5 year options for renewal (extending to a possible December 14, 2030).

Trading Times
The business currently trades six (6) days a week:
6:00 am to 4:30pm Monday to Friday
6:00 am to 2:00pm Saturday
Closed Sunday


Size of Premises
Approximately 55 square metres of seating, service and food preparation/Kitchen area. Fully furnished 1-bedroom unit included in lease (separate entrance area).

Equipment List: 3 group la marzocco , pos system, security camera, 5 grinders, under bench milk fridge, display fridge, 2 door drinks fridge ,2 door skope fridge, dishwasher, ice machine, 4 burner with hotplate stove, commercial oven, kitchen knives, microwave, toaster, sandwich press, 4 chopping boards, meat slicer, milk jugs, plates, coffee cups, all metal benches, 11 stools, 2 wooden benches.

And a fully contained and furnished 1 bedroom apartment upstairs with separate entrance.


Opportunity

Capture the fantastic potential of the enormous customer base that surround this business as well as the ever-constant transient traffic. The opportunity exists to revise the product offering and kitchen hours and capitalise on the available liquor licence. Fully utilise the kitchen and expand the product range, catering and online delivery service offerings.



Note to buyers


Seats Inside


Seats Outside


Stock Value