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.
Industry:
Food & Drink
Sub Industry:
Cafes & Restaurants
Location:
NSW
Status:
Sold
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