SOLD | Price Reduction Strong Turnover UNDER FULL MANAGEMENT Iconic Cafe For Sale In Sydney Lower North Shore

SOLD | Price Reduction Strong Turnover UNDER FULL MANAGEMENT Iconic Cafe For Sale In Sydney Lower North Shore

Summary


Very strong sales revenue.

Low rent - approx. 8% of turnover.

Long lease, large space (approx. 600 square metres)

Running under semi-management with potential to grow the business even more!

An outstanding North Shore cafe with so much to offer!

The business comes with a full commercial kitchen, equipped with walk-in cool room, pass through dishwasher, grill plate, 6 burner cooking range, combi oven, grease trap, exhaust and much more. There is even a separate juice and smoothie room.

The business sells coffee, cold drinks and meals with a focus on healthy eating.




The huge double frontage is hard to miss and the business benefits from two separate outdoor seating areas as well as ample indoor seating.

There is a liquor license in place and there is a lot of potential to increase alcohol sales.

Plenty of surrounding street parking is also available.




A great location, with very little comparable competition.

Not only is the cafe located in a very affluent North Shore suburb, it is close to churches, schools and childcare. 

There are also other shops and businesses nearby as well as a fitness studio and a bus stop.

The rent is very low given the turnover and size (approx 600 square metres) of the business. 

The lease is also very attractive, with 9 years and CPI increases.




This business will suit anyone looking for a cafe with high revenue and low rent at a great price.

Financials and trial are available for serious buyers.

$360,000

Industry:

Food & Drink

Sub Industry:

Cafes & Restaurants

Location:

NSW

Status:

Sold

Get Your Business Sold! Send Us An Enquiry

Listing Enquiry

Guneev Singh

Listing Agent:

Guneev Singh

Business Listing ID:

679

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