CBD Lobby Cafe – Rent Free Period

Description

If it is a CBD Lobby Café you are after, then look no more. With no rent payable until July 2020, the time to mould this operation into your style is there!

This prime located Lobby Café is situated under a 23-floor office tower, housing some of the biggest online and tech organisations around and situated in a fully refurbished lobby with plenty of natural light, indoor seating and a large outdoor seating area which all adds to the appeal of this fantastic business.

The indoor sitting area has approximately 30 seats, with a further 30+ outdoor seats and outdoor area.

The business has just recently been given a new injection of life and the results have taken this café on the trajectory to achieving its full potential. With a turnover of over $11k per week and climbing (35kg of coffee), no outgoings and lease of around 9.5 years (including option), this is a solid café with scope to further improve. With a great counter presence, a larger than usual food preparation area and separate storage area, this is a simple operation, serving coffees, pastries, light breakfast, lunch and afternoon delights. It currently operates Mon-Fri : 7am – 3pm. A car space can also be included in the lease.

The sale is due to the Vendors focusing on other business interests and not being able to provide the attention that a committed owner/operator will.

Whilst still early days, the signs are good for this café. This is an opportunity to take this business past its current upwards trajectory. Placing emphasis on social media, advertising and marketing will assist with this immensely. The catering side of the business is an untapped revenue stream and just requires the focus to achieve the additional sales from the tenants within the building but also the surrounding buildings and offices. There is also the opportunity to obtain a liquor license (subject to approval) which would cover the enormous outdoor area and provide the Friday-after-work drinks destination.

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

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Business Listed by

Tas Dasios

Licensed Real Estate Agent and Business Broker in NSW @ GSE Business Consultants

Take-aways, restaurants and later cafes and car wash cafes have been an integral part of my life since childhood. I learnt the trades of hand cut chips, filleting fish, making burgers, being a barista, being a waiter, being a cook a...

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