Cafe - Restaurant - Cafe - Low Rent - Strong Reviews - Solid Profits Hills District Syd

Cafe - Restaurant - North West Sydney - Agent SBX Code Number: SFG1121

Cafe - Restaurant with a modern mediterranean flavour. This highly regarded hills district eatery perfectly combines being an up-market daytime cafe with being an enticing dinner destination and small function venue. An outstanding google rating of 4.8 underscores its enviable reputation. The low rent structure means that rent is a little under 10% of turnover indicating solid profits for an owner. Importantly the average dollar spend is around $70 throughout the week. Quality up market rotating menus feature for breakfast, lunch, and weekend evening dinner sessions. A cosy ambiance and well stocked bar adorn the intimate dining area and provides a contrast to the outside protected alfresco area. A quality eatery in a lovely area of Sydney with a well-heeled clientele. Fully licensed with 60 seats inside and 20 outside. The facility is well suited to private functions which are encouraged. The business operates as a stylish cafe Tuesday to Sunday and as an evening restaurant Thursday through Saturday nights.

Potential
Develop seasonal specials. Advertise for more functions.

Features
Excellent reputation. Quality clientele. Lovely homely private ambiance. Creative menu offering. Google rating of 4.8. High average dollar spend.

Premises
Charming, very versatile premises with outdoor courtyard comprising 130 sq m.

Location
Situated amongst a small group of shops in up market suburb in North West area of Sydney

Trading Hours
6 days. Tuesday to Sunday 7.00 am to 2.30 pm. Thursday, Friday & Saturday 5.30 pm to 9.30 pm.

Lease
Current lease expires 30/9/24 + 3 + 3 year options- 2.5% annual review - 6 month bond but no personal guarantee.

Employees
2 part time owners+ 1 full-time chef+ 1 full-time kitchen hand+ 1 part-time chef+ 1 full-time Manager+ part-time barman and casuals.

Comments
Rare oppportunity to purchase quality well regarded eatery with strong following and excellent reviews. New owners would be wise to follow existing successful formula. Suitable for single owner or partnership. - Misc.- 1- estimated GST. Misc.- 2 - estimated sundry expenses.

Agent SBX Code Number: SFG1121 - Sydney Business Exchange