Rozelle, New South Wales 2039
$149,000
Key Features
AI generated. Contact seller to confirm.
- Prominent corner position with pedestrian and vehicle traffic exposure
- Approximately 106 seats, including 78 indoor and 28 outdoor
- Liquor licence approved until 2:00 am daily
- Fully equipped commercial kitchen and walk-in cool room
- Coffee machine, barista station and extensive fit-out included
- Two assigned car spaces and on-site toilets
- Turnover: $23,000 per week takings, including GST where applicable
- Net Profit: $Approximately $3,800-$5,000 per week vendor-advised net profit while trading under management, subject to verification
- Rent/Lease: $3,793.36 per week rent; $285 per week outgoings; lease expires July 2029; further three-year option advised; 3% annual rent increases; assignment subject to approval
- Established: Approximately 12 years trading from this location before closure
Business Details
Business Category Cafe
Occupying a prominent corner position in one of Sydney's tightly held cafe precincts, this spacious and extensively fitted-out cafe offers excellent exposure to pedestrian and vehicle traffic, quality indoor and outdoor seating, and substantial scope for an incoming operator.
The current owner purchased the business approximately two months ago but has since experienced serious health issues requiring her full attention to recovery.
Having operated from this location for approximately 12 years before closure, the cafe built a strong local reputation, a loyal customer following and an established trading history. This is an opportunity to take over an extensively equipped premises rather than undertake a new cafe fit-out from scratch.
Key Features
* Approximately 106 seats: 78 indoor and 28 outdoor, with prominent corner exposure.
* Liquor licence approved until 2:00 am daily, offering scope to develop evening dining, functions and liquor sales, subject to applicable approvals.
* Fully equipped commercial kitchen, walk-in cool room, grease trap, commercial ventilation and full barista station.
* Coffee machine, tables, chairs, extensive existing fit-out and business name included in the sale.
* No equipment finance owing, as advised by the vendor.
* Two car spaces assigned to the premises and toilets on site.
Approximate vendor-advised weekly figures, including GST where applicable:
Item
Weekly amount
Takings
$23,000
Cost of goods
$6,000
Rent
$3,793.36
Outgoings
$285
Staff wages
$7,200
Owner wages
Nil
Insurance
$100
Electricity
$500
Gas
$120
Marketing
$100
Telephone and internet
$20
Rubbish removal
$100
Subscriptions
$50
Pest control
$20
Cleaning
$150
Miscellaneous
$200
Accounting and banking fees
To be confirmed
Vendor-advised net profit while trading under management: approximately $3,800-$5,000 per week, subject to verification.
coffee usage approximately 20 kg per week, liquor sales approximately $500 per week, and there is no material catering income. Trading predominantly breakfast and lunch, with stronger performance through spring and summer and softer trading in winter.
Lease
Current lease expiry: July 2029
Further option: A further three-year option is advised by the vendor, subject to confirmation of the lease terms and approval requirements.
Annual rent increases: 3% per annum
Assignment: Sale subject to assignment of the existing lease.
Opportunity for the Incoming Operator
The existing premises and fit-out provide scope to re-establish cafe trading and explore evening dining, functions, private events, expanded liquor sales, catering, corporate accounts, delivery and takeaway, subject to the lease and relevant approvals.
A hands-on operator may also explore operational efficiencies and develop their own food, beverage and service offering.
Urgent sale due solely to the owner's health circumstances. A beautifully presented, extensively equipped corner cafe offering a compelling walk-in, walk-out opportunity.
An opportunity like this may not last long for the right operator. Contact the agent immediately for further information and to arrange an inspection.
Contact: Angelo Fournaris XXXXXXXXXX XXXXXXXXXX
Strictly Confidential: The business name, exact location, financial information, client details and further operational particulars will be provided only to qualified parties upon execution of a Confidentiality Agreement.
Disclaimer: Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.
An opportunity like this may not last long for the right operator. Contact the agent immediately for further information and to arrange an inspection.
Contact: Angelo Fournaris XXXXXXXXXX XXXXXXXXXX
Strictly Confidential: The business name, exact location, financial information, client details and further operational particulars will be provided only to qualified parties upon execution of a Confidentiality Agreement.
Disclaimer: Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.
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