Alexandria Cafe - Under Management - No Outgoings - 00832

Summary
Sold within 2 weeks!! This business has now sold. If you too, would like to sell your business and have it sold by a trusted Business Broker, please contact Xchange Business Brokers.

Revenue
$13,500 pw

Rent
$1,050 pw

Net Profit
$3,000 pw

About the Business
ALEXANDRIA CAFE - UNDER MANAGEMENT - NO OUTGOINGS
• One of a kind café on main road in residential area - under management.
• High turn over and low rent - no outgoings.
• Good hours closes 2:00pm 5.5 days.
• Lease to 2032 (yep, that's another 11 years).
• Has won many café awards.
• Extensive social media following.
• All equipment owned, including coffee machine and grinders.
• Café, coffee and full kitchen.
• Great staff.
• Turn over peaked over $20,000 pw pre covid.
• On the way up, current turn over is around $13,500 pw.
• Great fit out, very modern and rustic, perfect for Alexandria customers.
• Ample parking.
• Inside outside dining.
• Great potential: this café is overstaffed, an owner operator can earn well over $3,000pw.
• Business was performing at $20,000 as a 7 day café before covid. It is steadily climbing its way back.
• No reason it can't reach it's pre covid peak.

Xchange Business Brokers specialise in the sale of Cafés Espresso Coffee Bars - Franchises Caffe Cherry Beans Coffee Club Coffee Emporium Oliver Brown - Oporto Pizza Hut - Subway Newsagents Post Offices Restaurants - Takeaways - covering the areas of - Inner City - Hills District - Sydney and more …

History
4 years