Business Sold 1 / 1 1, Strathfield, New South Wales 2135
Business Category Cafe and Coffee Shop
SOLD
Description
Cafe For Sale At Strathfield Train Station (under Contract)
Located in the thriving commercial area in the inner west of Sydney, this cafe sits right by the bustling exit of Strathfield Train Station, ensuring a steady stream of pedestrian traffic.
With 10 years operation history, the cafe specializes in serving quality coffee and convenient food, earning an excellent reputation among both new and regular customers. From early morning commuters to city professionals during peak hours, as well as students and staff from nearby schools, hospital visitors, and commuters using public transportation, the diverse and plentiful foot traffic ensures a stable business for the cafe.
Solid weekly turnover is $14,000, steadily increasing year by year, showing promising growth.
An annual rent of $46,834.20 including GST, with 5% annual increase and minimal outgoing expenses.
The staffing is simple and stable, comprising one full-time barista and three part-time employees, making management straightforward and easy to handle.
Coffee prices have remained unchanged for the past eight years, allowing the buyer to adjust prices as needed to increase profit margins.
The current owner has operated the business for eight years and is now seeking to sell due to personal arrangements.
The sale price includes a La Marzocco Linea PB 3 Group coffee machine.
Price: $150,000
Property Code: 119
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