Inner East Laneway Espresso Bar

For Sale $75,000 WIWO
Property Details

For Sale $75,000 WIWO
Description

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This Inner East Espresso Bar is well located in a popular Laneway position in the middle of a bustling food hub. Surrounded by high density residential buildings this is a tranquil setting in a busy area with plenty of foot traffic.

The business has recently been renovated and it needs nothing more than a motivated owner operator, walk in and start taking money!

The low rent of only $450 per week, CPI rent increases and two month bond combined with the ease of operation make this an ideal first business. If you have been looking around for a low risk first option then this could be it, ideal for a barista owner operator.

The business currently trades seven days serving mainly coffee with a few light breakfast and lunch options. (7am – 3pm  Mon-Fri and 8am – 3pm Sat & Sun)

Highly motivated vendors selling for below the original fit out cost, this business offers great value for money.

Perfect first business or a nice easy addition to your business if you are an experienced operator.

**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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4 Responses

  1. Avatar

    Paul , can I have address please and name of buissness

  2. Avatar

    Hello Paul,
    Thank you for the information but I still cannot find where the business is located and what it is called.
    Could you please message me with the name and the address of the business as I would like to go and check it out live and in action and not just online.
    Thank you

  3. Avatar

    Is it possible to extend the trading hours and transform into a bar serving alcholol after business hours?

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Years Est


Years With Current Owner


Staff No
The business is currently run by a barista and a casual.

Lease Info
The 3 x 5 x 5 year lease commenced in Sept 2017. - CPI. increases – A Three month bond is required.

Trading Times
7 days – Mon – Fri 7 a.m. to 3 p.m. 8am – 3pm on Saturday & Sunday

Size of Premises


Opportunity

Increase the food offering.

Establish a catering side of the business.

The current owner is not working in the business and a more present owner/operator would see an immediate improvement in sales and profit.



Note to buyers


Seats Inside


Seats Outside


Stock Value