Café Restaurant in Shopping Centre – Fully Licenced

For Sale $149,000 plus SAV
Property Details

North Ryde, NSW 2113

For Sale $149,000 plus SAV
Description

- North Ryde NSW

This Licenced Café Restaurant, with its own dedicated seating, is located in a prime Northern suburbs Shopping Centre with vital positioning near major retailers and upmarket stores.

Situated in a brilliant position, without nearby competition, this is a true café destination within the shopping centre for those customers wanting to take a relaxed and peaceful break from the vigour of shopping. It has all the ingredients in place for a successful operation by an enthusiastic operator.

The café has a fully functioning and separate kitchen area for all food preparation hidden from the customer service area.  The shop front/customer service area has a large and commanding presence. The seating area of 59 seats, for the exclusive use of the café’s customers provides a comfortable and stylish meeting place within the shopping centre and away from the noise and hustle of the food court.

The café has been established for nearly ten years and it currently trades seven days a week serving coffee, all day breakfast, juices, healthy eats and lunch, with the option of Thursday night trading (which is not currently utilised).

The vendor is highly motivated to sell and allow the new owner to reap the potential of this business. This café is run under management with one owner spending less than 16 hours per week on hand and requires an involved operator to take it to the next level.

Eye catching and well set up business. Fully licenced. Opportunity exists to revamp the product offering and kitchen hours and have an owner/operator take the reins of their own destination and provide a much needed uplift in sales for this established business.

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

Property Features
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Years Est


Years With Current Owner


Staff No
The business is currently run under management with 2 FTE Chefs, 1 FTE kitchen hand, 2 FTE Baristas and 2 other casual staff.

Lease Info
The 8 year lease commenced on October 1 2015. There are no options for renewal and a new lease application would need to be made at the expiry of the current lease (September 30, 2023).

Trading Times
7 days – Shopping Centre hours

Trading Hours:
Monday: 8.30 am - 5.30 pm
Tuesday: 8.30 am - 5.30 pm
Wednesday: 8.30 am - 5.30 pm
Thursday: 8.30 am - 5.30 pm (no night trading)
Friday: 8.30 am – 6:00 pm
Saturday: 8:30 am – 6:00 pm
Sunday: 9:00 am – 6:00 pm

Kitchen Hours:
Monday: 9:00 am – 3:00 pm
Tuesday: 9:00 am – 3:00 pm
Wednesday: 9:00 am – 3:00 pm
Thursday: 9:00 am – 3:00 pm
Friday: 9:00 am – 3:00 pm
Saturday: 9:00 am – 3:00 pm
Sunday: 9:00 am – 3:00 pm


Size of Premises
Approximately 35 square metres of service and food preparation area and an additional 56 square metres of exclusive seating area. Touch screen POS. Off-site dry storage area (included in lease). On-premise seating area (59 seats).

EK43 grinder - leased from P&R

The rest of the equipment is owned:

Kitchen:
1. Cool room - CyberChill 1.8m x 3.6m
2. 1 door freezer - CyberChill, model CG 600 UF
3. Ice Machine Maker - Manitowoc
4. Dishwasher - Fagor Concept (FC)
5. Salamander – Cobra
6. Combi Oven – FC
7. 4 Burner Stove – FC
8. Flat Grill – FC
9. Deep Fryer - FC
10. Range Hood
11. Shelving – CyberChill

Additional items
1. Hot water – Rheem
2. Microwave – Breville
3. Toaster x2 – Breville
4. Serving trolley x2

Bar/Café servings:
1. 2x iPad
2. Cash Register (drawer only) - Maitre’D
3. 2 door and 2x 3 door – CyberChill
4. Coffee Machine - Lamarzocco Linea PB 3 group heads
5. Mini Oven – Breville
6. Grinder - Victoria Arduino Mythos1

Additional items
1. PuqPress ver.1
2. Breville Grinder BCG820
3. Dish Washer - Fagor Concept
4. Upright Freezer – Midea
5. Juicer – Kuvings
6. Milk Shaker – Breville
7. Seats & tables for 59 seatings


Opportunity

Capture the enormous potential of the customer base that is attracted to the major retailers and upmarket stores that surround this business. The opportunity exists to revise the product offering and kitchen hours (particularly Thursday night late night trading in the centre) and capitalise on the available liquor licence. Fully utilise the kitchen and expand the product offering and online delivery service offerings.Finally, have an owner/operator run the business to the exacting standards required and focus on the customer service side of the business as well as the cost control.



Note to buyers


Seats Inside


Seats Outside


Stock Value