Central Coast Gosford Café – Under Management, Loyal Following, Low Rent!

Business For Sale Gosford, New South Wales 2250

Business Category Cafe and Coffee Shop

$299,000 + S.A.V.

Description

Central Coast Gosford Café – Under Management, Loyal Following, Low Rent!

This under management and profitable Gosford Café is a destination for the locals for satisfying their appetites. This café/restaurant is perfectly positioned, with excellent passing traffic, easy off-street parking and is located amongst complimentary businesses. This café/restaurant is well known in the area and is perfectly set up for a continued successful operation.

Fully licensed with an ambience that draws customers in. Coffee sales are at 20kg+ per week. Current weekly sales are averaging $16.2 per week (Sep 20 – Apr 21). A very low rent of approximately $700 per week, with low outgoings and 9 years remaining on the lease make this a desirable business. Ample on-site parking.

The café/restaurant has a functional kitchen with a grease trap. The cafe has a total of approximately 50 seats. The business is operating 7 days a week from 8am to 2pm for breakfast and lunch, with dinner Friday and Saturday from 6pm – 10pm.

The menu serves all day breakfasts, burgers, toasties and salads, accompanied by smoothies, juices and milkshakes. The dinner menu mostly follows on from the day offer (breakfast items excluded), with the addition of share plates and some individual dishes, finished off with desserts. Fully licensed with a good selection of wines, spirits and cocktails made to order.

An attractive business with a loyal following and with the low rent and high turnover, this business is sure to appeal to many. Realistic Vendor.

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

Lease
The lease commenced on July 1, 2020 and expires on June 30, 2025.
A further 5 year option exists to June 30, 2030.
Market Review at Option period.
CPI or 2.5% increases (whichever is greater).
A three-month bond is required.

Staff
The business is currently run under management with the following staff:
1 x Full Time Manager
1 x Full Time 2IC
1 x Full Time Barista/All rounder
3 x Casual Chefs
1 x Casual All Rounder
1 x Casual Bartender
3 x Casual Junior All Rounders

Trading Times
Cafe 7 days a week
Monday - Sunday 8am - 2pm

Restaurant Evenings 2 nights a week
Friday And Saturday 6pm - Late
Kitchen Closes at 9pm

Premises
Approximately 43.5 square metres lettable area (7 indoor seats) - Small commercial kitchen with grease trap. An additional 56.5 square metres of undercover on-premise courtyard seating area (45-50 seats). A storage cage and 1 dedicated car space to Owner. 38 available customer car spaces shared amongst other tenancies.

Opportunity
Established business with further potential, particularly in the catering and functions areas in addition to catering requests. Café and restaurant operation also has room to grow with extending the operating hours for the Café and the number of nights open for the Restaurant. Further sales may be obtained by opening on Public Holidays and during the Christmas Period and the addition of delivery apps.

**Weekly**
Coffee Sales Per (Kg) 20
Turnover (inc GST) $16,295
Rent $692
Wages $4,593
Net Profit $4,307
Contact Seller

Bsale ID: 538003

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