Business Sold Wolli Creek, New South Wales 2205
Business Category Cafe and Coffee Shop Restaurant Takeaway Food
SOLD
Description
Established & Highly Profitable Espresso Bar /cafe Run Under Full Management For Sale
"Under management Profits $145k+ Sale Price $395,000".
This Café and Espresso Bar situated across the entrance of the railway station in the south of inner Sydney. The café offers a flexible all-day food and beverage menu that appeals to both the regular local customers and the transient customer passing by. Due to the other business interests of the owner, the café is now available for sale.
The business is fully managed by a team of experienced staff which makes it an ideal opportunity for both the investor owner and full-time owner-manager. The Café operates 7 days a week with flexible trading hours depending on the owner's preference. There is a massive opportunity to improve on the already strong customer base with considerable flexibility to vary the menu items and vary trading hours as needed.
The Cafe also offers an impressive arrangement of internal and external seating for its customers allowing for comfortable dining no matter the weather conditions.
Please see below the current food and beverage menu for the business.
Lease
New 4+4 years lease
• Rental : $85,000 +GST p.a …ie : $7,083.33 +GST p/m
• Outgoings are payable by the tenant
History
This business has a strong & regular customer base and is managed by a great team of staff which would be perfect for the investor owner or dedicated full-time owner-manager. There is nothing to spend as the fit-out is near new and a long and competitive lease has been negotiated.
Reason for Sale
Owner has another business Enviro Chemicals & Cleaning Supplies, 35 years business he needs to concentrate on.
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