Business For Sale Gwynneville, New South Wales 2500
Business Category Cafe and Coffee Shop Restaurant Takeaway Food
$149,000 + SAV
Description
Easy To Operate Wollongong Cafe. Low Rent
Are you looking for your first business?
This well-established cafe is currently doing 25kgs of coffee per week and also has the advantage of a very low rental of $890/week. Even more impressive are the very low wages cost each week, and it is super easy to operate and would be a great first business for a new operator.
If you love great food and wonderful coffee and if you have a flair for customer service and retail, then this is the ideal business for you.
The current owners are a mother-and-daughter team and they only do minimal hours across the week to suit their lifestyle and family requirements. An enthusiastic and motivated could easily expand on the opening hours and offerings that are provided at present
The cafe is ideally situated in a busy Wollongong suburb close to the University, Hospital, Schools, Clubs, and shopping centers. The awesome location could easily suit an existing business owner who is looking to expand.
The cafe also has a unique advantage in offering multiple other income streams. The cafe is also a place where customers can indulge in a bit of retail therapy, with many wonderful gifts and bargains also available for sale.
The venue is modern and all of the cafe and coffee equipment has been diligently and meticulously maintained. The entire cafe and shop space is well appointed and the sale price includes all of the fittings, fixtures, furniture and equipment, nothing is leased or provided by suppliers
Staff
The business is currently operated by the owners and casual staff.
Lease
The 5 x 5 year lease commenced in Dec. 2022. With 4% increases, a Two-month bond is required.
Trading Times
7 days Mon Fri 7.30 a.m. to 2 p.m. 8am 1pm on Weekends
Size of Premises
Approx. 90 square metres. tenant parking spaces, fitted out for Emporium, giftware and cafe, storage, inside and outside seating.
Opportunity
The opportunity here is for an owner to simply take over this fully established and equipped business, and with the right level of energy and motivation take advantage of all of the earning potential that is available. A new owner could increase turnover easily simply by increasing the days and hours of trade and look to capture more of the available foot traffic that is there each day. You could also look to expand the menu offering and provide more variety and selections to draw in more customers. It would also be possible to expand on the online presence and explore greater online activity and sales. This aspect of the business is currently greatly under-utilised, but is fully set up and operating. It just needs a motivated person to steer it in the right direction.
** Weekly**
Coffee Sales 25kg's
Sales $11,250
Rent $891
Wages $2,232
Net Profit $1,530
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