Beachside Gem In Coogee, Run Under Semi Management

Representing great value. Heres your chance to own a thriving cafe located within the affluent Eastern Sydney beachside suburb of Coogee,

The owner is motivated for a quick sale and this establishment presents a golden opportunity to purchase a well run profitable business with strong coffee sales.

Boasting a loyal clientele of over 200 daily regulars including some well-known faces from film, tv and sport, the cafe captures the essence of beachside relaxation with quick, quality bites and great coffee.

The buildings strategic corner placement ensures high visibility to beachgoers and passers-by with off street parking available.

The well-designed 26sqm interior maximises storage and prep space and is fitted with near new equipment including a new coffee machine. There is outside seating for 16 customers across four tables plus room for more if required.

Surrounded by shops and offices, with a busy bus stop only footsteps away, the business thrives amidst the bustling community with over 60% of its customers being local, ensuring regular daily trade whatever the weather or time of year.

Established 12 years ago, the current owner has been in charge for the past three years and has created a unique and efficient setup with a focus on quick service and grab-and-go options. All food items are currently bought in fully prepared and cooked.

Customers are Incentivized by in-house loyalty deals, with a strong potential for growth lying in extending the trading hours, producing in house menu items, and exploring evening subletting opportunities.

The business operates daily from 6.00am to 2.30pm and from 7am to 1pm on Public Holidays and is currently run under semi management with 1 full time staff member and 3 casuals. The owner occasionally works on a casual basis when required however the staff are willing to increase their hours, therefore allowing the business to easily operate under full management.

The business is one year into a 3 + 3 + 3 lease.

This business offers incredible goodwill with a long lease already in place and makes this a cant miss opportunity. Whether you are looking to start a new business venture or expanding on a current one.

This is a must see Dont miss out! contact us now to arrange a viewing.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Staff

1 Full Time 3 Casual The owner works on a casual basis when required

Lease

Currently 1 year into a 3 + 3+ 3 year lease

Trading Times

Open daily 6.00am to 2.30pm Open 7am to 1pm Public Holidays

Size of Premises

26 sq metre interior Outside Seating for 16 customers

Opportunity

Produce in house menu items Extend opening hours Sublet premises during lae afternoon/evening

**Weekly**

Coffee Sales 50kgs

Turnover (inc GST) $13,250.00

Rent $1,780.00

Wages $3,500.00 (when run under full management)

Net Profit? $2,400.45