City Fringe Cafe – Prime Location, 5 Days, Low Rent For Sale

Business For Sale Pyrmont, New South Wales 2009

Business Category Cafe and Coffee Shop

$99,000 + S.A.V.

Description

City Fringe Cafe – Prime Location, 5 Days, Low Rent For Sale

This popular 5-day City Fringe Café is ideally located and has provided coffee and food for locals, commuters and businesses within the precinct for years. Its menu does provide for a point of difference from other cafes.

Strategically located within a residential complex but also in proximity to the waterfront Pirrama Park, several businesses, further residential apartments and a light rail station, the exposure and patronage of this Café is strong year-round.

The Café is easy to run, with only light cooking. Operating 5 days a week for breakfast and lunch, its FY20/21 sales have averaged $6.2k per week, even with Covid, and with 15kg of coffee and growing. Majority of turnover is attributed to food sales. With access to outdoor seating, it is the perfect café able to cater for the locals, commuters, businesses and tourists. The return to normality after Covid will grow the sales further.

Well priced and with a highly motivated vendor to sell, this business is an ideal entry point for an astute buyer.

This café is ready for a motivated owner to take the reins as an owner/operator, extend the hours of operation (and the subsequent product offering) past the lunch-time (including nights if required) and reap the financial rewards. Ideal and simple business to trade as is and to capitalise on the successful operation by the previous owner. This business is all set-up and ready to go. Further profitability can be obtained increased margins, possible night trade and including delivery platforms and launch catering.

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

**Weekly**
Turnover (inc GST) $6,184
Rent $541
Wages $1,325
Net Profit $1,268
Contact Seller

Bsale ID: 545811

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