Cafe - Takeaway - Cafe - Takeaway Well Located In A Very Busy City Fringe Area

Cafe - Takeaway - City Fringe - Agent SBX Code Number: G1796

Cafe - takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. New (concrete) floor, new ceiling. New electricals and plumbing throughout incl grease trap and exhaust fan. All equipment is less than 5 years old. - Early morning and lunchtime trade is particularly good with tradies and teaching staff from school. - Recent fit out in 2020.- 26 seats inside - 24 seats outside.

Potential
Could expand the outdoor seating. Fine tune menu offerings. Maybe add alcohol. Maybe add more emphasis on weekend offerings.

Features
Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.

Premises
Small but easily accessible site with an area of 70 sq mts. Two separate customer entrances. Indoor and outdoor seating with long standing footpath DA. External awning added in past 2 years.

Location
Good City fringe location in a growth area with good foot traffic to and from Technology Centre and Redfern station.

Trading Hours
7 days - 7 am to 2 pm weekdays and 8 am to 3 pm. on weekends.

Lease
The vendor also owns the freehold and is willing to provide a new 3 + 3 year lease (option period could be negotiated). 3 months bond. CPI annual increases.

Employees
1.5 full time (owners). 4-5 casuals. No staff transfers can be guaranteed.

Comments
Please note that this business is not being sold on figures. Great opportunity for entrepreneurial operator to take over a well established and well located cafe / restaurant on a WIWO basis buying for the value of the equipment only. Significant upside for an operator able to exploit an increasingly sophisticated market in a gentrifying area.

Agent SBX Code Number: G1796 - Sydney Business Exchange