Business For Sale Redfern, New South Wales 2016
Business Category Cafe and Coffee Shop
$425,000
Description
$4000 Weekly Profitable Café Fully Under Management
• Full commercial kitchen with bar, liquor license, cool room, storage, and restroom.
• Average weekly sales of $22,000, ($18,000 over counter, $2,000 online delivery, and $2,000 in cash)
• Weekly rent of $1800 (includes GST), which is below 10% of weekly sales ; The current lease expires in May 2028 with a 5-year renewal option
• Prime Location: The café has an ongoing flow of foot traffic and sales due to its high visibility and loyal clientele.
• Established Business Model: The café has had the same owner for about 5 years; throughout that period, it built up loyal customers and earned a reputation for offering high-quality food and exceptional customer service.
• Operational Simplicity: Offers a balanced work-life schedule by being open seven days a week from 6:00 AM to 4:00 PM.
• Under Management: The café is fully staffed to manage day-to-day operations and customer service, and it is under management.
• Growth Potential: There is potential to extend the evening services hours, save costs on staffing, add new menu items, or supply catering for events.
• Training and Support: To ensure a smooth transition, the new owner will receive comprehensive instruction covering daily operations, staff management, and customer service.
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