Cafe For Sale Penrith - Under Management

Penrith, New South Wales 2750

SOLD

Key Features

AI generated. Contact seller to confirm.

High exposure corner location
No local competition
Under management, owner has not worked in cafe
50+ seats inside and outside
Long lease 5x5x5, CPI increases, no demolition clause
Fully equipped kitchen with coolroom and grease trap

Turnover: $13,000 to $15,000 per week
Net Profit: Not disclosed
Rent/Lease: $1,540 (GST inclusive) - includes 3 bedroom residence
Stock Value: Not disclosed
Established: Trading successfully for over 5 years

Business Details

Business Category

CAFE FOR SALE PENRITH
HIGH EXPOSURE CORNER LOCATION
NO COMPETITION
MASSIVE OPPORTUNITY FOR OWNER OPERATOR

Want a cafe in the BOOMING area of Penrith?
This cafe is ideal for anyone looking to get into the hospitality industry or expand their existing cafe empire.
Shop has been trading successfully for over 5 years and has always been run by staff under management (owner has never worked himself in the cafe).
No expense spared on fitout and shop presents very well (hip and funk)!!! Owner originally spent $400,000+ on the shop. 50+ seats inside and out.
Rent is cheap and shop comes with a 3 bedroom residence which can easily been rented out due to the rental shortage in the area.
Fully equipped Kitchen with coolroom, grease trap, ventilation etc
Shop currently serves simple menu centered around healthy eating - but will benefit from a change of menu/concept since the area is crying out for comfort food
Long Lease 5x5x5 will be given - CPI increases, NO demolition clause.
Owner is selling as he has other businesses outside of hospitality which he is focusing on

Business Summary -
Revenue - $13,000 to $15,000 per weekRent - $1540 (gst inclusive) - includes 3 bedroom residenceWages - $4000Currently Selling 25-30 kilos coffee per week

For more information
please contact Steven Ung on XXXXXXXXXX Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.