Sydney, NSW 2000For Sale $149,000 plus SAV
- Sydney NSW
This CBD Espresso bar is situated in a picturesque CBD location, surrounded by multiple high-rise office buildings and well known for its coffee – the queues of customers in the mornings are a testament to that.
A new 5 year lease will be offered to the successful purchaser, with the possibility of either an extension of the current lease with a 5 year option added or a new lease with a 5 year plus 5 year option, dependent upon the qualifications of the purchaser and approval of the landlord.
With a high volume of passing foot traffic, proximity to a bustling tourist precinct and loyal clientele, this café has all the ingredients for a successful operation in its current format or is ready to be transformed with imagination the only limit. As a bonus for a CBD Espresso Bar, this business has exclusive outdoor seating for 20 customers in what can only be described as an oasis in the CBD.
The café currently trades five days a week, serving coffees, pre-prepared baked goods, light breakfast and light lunch (7am – 3pm Mon-Fri). It has a state-of-the-art Espresso bar fitout that includes a Juggler Milk System (8 crate/80L) as well as 2 Modbar Steam taps with 2 Mythos and 1 Ek43 grinder that enables an easy, quick and efficient operation for the 50kg/week coffee usage. It has the customer base, it just need to capitalise on the transaction value of each of those customers, particularly during the lunch and afternoon trade.
Currently run under management, this is a perfect CBD business for an experienced and enthusiastic operator. with enormous potential to expand the offering, presentation and hours of operation and create a new CBD meeting destination for the office workers.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**